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If only there was some kind of decentralized technology that allowed us to move value between two independent entities in a trustless manner, at very low cost a
by xtracto 1y ago
If only there was some kind of decentralized technology that allowed us to move value between two independent entities in a trustless manner, at very low cost and very very fast.
No, I'm not talking about the POC that the pseudonimus guy proposed. Maybe something later that actually scales... a man can only wish that such technology will be invented sometime in the future.
- KetoManx64 1y agoI imagine this currently would be deflationary and be a superb store of value to keep inflation from eating away your life savings and possibly become the best performing asset of this generation. Magical thinking of course.
- Dylan16807 1y agoYou're suggesting things that make it a worse currency.
- KetoManx64 1y agoGuess we'll see in the next 10 years.
- Dylan16807 1y agoWe'll see what? Other factors are more important so I don't think the success or failure of cryptocurrencies will be a good way to prove or disprove what I'm saying.
- KetoManx64 1y agoIf it's a worse currency then it would be idiotic for the world to switch to it instead of their local government's paper money or some other asset in order to conduct transactions, save money, invest, etc.
- Dylan16807 1y agoI was saying that specific feature makes it worse than if it didn't have that feature. I wasn't comparing it to any other currency. That said there's no way in hell the world "switches" to bitcoin or ethereum. That's so much higher of a bar than a healthy market where you can buy most things.
- deleted 1y ago[deleted]
- root_axis 1y agoSo if it solves so many problems, why do you think nobody uses it except for gamblers, drug dealers, and celebrity scammers?
- fruitworks 1y agoLook into chaumian ecash. It is distinct from cryptocurrency, it uses blind signatures to anonymize payments