3 ms·
I've always found it ironic how crypto basically make it not necessary to trust, but nobody trusts it.
by Jarwain 1y ago
I've always found it ironic how crypto basically make it not necessary to trust, but nobody trusts it.
- immibis 1y agoBitcoin is trustworthy. Monero is trustworthy. Ethereum is relatively trustworthy, but if you make a transaction that Vitalik doesn't like, he forks the whole coin to roll it back. Is Binance Coin trustworthy? Hell no (but it's fast and cheap - because it's centralized all the transaction limits are turned up to 11). Is Terra trustworthy? It's a neat idea if it works - real-world evidence proves it doesn't. Is Jarwain-Immibis Bond Token trustworthy?
- Jarwain 1y agoUnfortunately, for most people, all coins get rolled up into "crypto" and "nfts" which share reputation. As for Jarwain-Immibis Bond Token, well that depends on how one assesses trust, which in the most cynical sense comes down to the repercussions involved in breaking the bond.