Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says
by sp821543 on Wednesday September 27, 2017 @12:47PM
(#15349656)
I don't agree with you, but an interested in your view. What in your opinion is the best implementation of a blockchain?
Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says
by Caveman_Coder on Wednesday September 27, 2017 @12:49PM
(#15349675)
Distributed renewable energy sharing: https://news.ycombinator.com/item?id=15349405
LN, for example, is adding degrees of centralization to achieve better scaling. Human systems have a tendency towards centralization and consolidation of power/authority as well, as we see in various ways already with Bitcoin (China, Ver, Core).
There's overwhelming evidence to believe that the future of Bitcoin is much more centralized, at which point it starts to resemble the systems we already have but with horrifying disadvantages: your entire transaction history is public to everyone, your identity can be linked to your wallet through exchanges, etc.