Re:You Do Not Need Blockchain: Popular Use Cases and Why The...
by jstanley on Friday February 22, 2019 @07:26PM
(#19230553)
> Unfortunately, it doesn't generalize to BTC / USD (or other fiat currency)
The fact that it's impossible to implement trustless atomic swaps in USD is a USD problem, not a Bitcoin problem.
You asked how Bitcoin avoids litigation, you were given an example, and you dismissed it because it doesn't work on fiat. The reason Bitcoin had to be invented is precisely because these things aren't possible in fiat.
The fact that it's impossible to implement trustless atomic swaps in USD is a USD problem, not a Bitcoin problem.
You asked how Bitcoin avoids litigation, you were given an example, and you dismissed it because it doesn't work on fiat. The reason Bitcoin had to be invented is precisely because these things aren't possible in fiat.