Re:“In 2018 the blockchain/decentralization story fell apart”
by skywhopper on Tuesday January 01, 2019 @05:22PM
(#18802781)
Very curious about how you foresee "developing countries to use cryptocurrencies as a competitive advantage to catch up financially" working if the cryptocurrencies are unusable in larger economies.
Re:“In 2018 the blockchain/decentralization story fell apart”
by sk5t on Tuesday January 01, 2019 @05:00PM
(#18802660)
I suppose you could hitch your wagon to the Marshall Islands economy and see how that goes.
Re:“In 2018 the blockchain/decentralization story fell apart”
by eeZah7Ux on Wednesday January 02, 2019 @11:39AM
(#18807444)
Why the downvotes? "traditional" cryptocurrencies are more useful in absence of a stable and reliable banking system and political system.
As smartphones spread across developing countries, hypothetical non-minable cryptocurrencies that works well on intermittent or local networking might become relevant.
Re:“In 2018 the blockchain/decentralization story fell apart”
by throwawaymath on Tuesday January 01, 2019 @04:54PM
(#18802635)
Uh, how?
That's not possible. Even if all the governments of the developed world coordinated to ban cryptocurrencies or impose taxes on them, this will be an opportunity for developing countries to use cryptocurrencies as a competitive advantage to catch up financially.