flunhat

21 ms·

1. 181.▲
   by flunhat 9y ago

   Cash is still king in the black market. Bitcoin has taken a small slice of it, esp. for money laundering and buying drugs online. Put it this way: the black market does not rely on bitcoin in any substantive way. Bitcoin, however, depends o
2. 182.▲
   by flunhat 9y ago

   Are Bitcoin or Ethereum really good as a currency, though? They're quite volatile. Fred Wilson makes a good point here - it's quite gut-wrenching to send someone a token that might have doubled in value if you had waited a week. A
3. 183.▲
   by flunhat 9y ago

   What is the advantage in creating an Ethereum smart contract over a regular contract in our legal system (using a lawyer and some pen and paper)? If code has bugs (and sufficiently complex code will always, always, always have bugs) you s
4. 184.▲
   by flunhat 9y ago

   Then what exactly is the difference between Ethereum's smart contracts and our legal system's contracts? At least in the latter, we can elect (or elect the people who choose) those who make final decisions.