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A comment on Ask HN: What benefits does the blockchain provide?. Parent comment
Given 2 economic systems. One with credit and one without. The credit based one will crush the non-credit-based one.
Does that mean credit is good ? No, but it makes it a moot point: we will have credit. Point. Bitcoin will not survive, in the long term. I get that.
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Given 2 economic systems. One with credit and one without. The credit based one will crush the non-credit-based one.
Does that mean credit is good ? No, but it makes it a moot point: we will have credit. Point. Bitcoin will not survive, in the long term. I get that.