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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by Joeboy on Wednesday November 06, 2019 @02:46AM (#21460513)
> We had this back in the 70s, FWIW

Sorry, what?

Re:One Tether Trader Didn't Cause the Bitcoin Bubble by lightedman on Wednesday November 06, 2019 @10:28AM (#21463461)
We had permissionless distributed databases (that's all blockchain is) in the 70s. They failed because they are hugely inefficient and extremely resource intensive with each added node.

What's old is new again. I'm old enough to have used one of these in the early 80s, learned about from a BBS I was frequenting.

Re:One Tether Trader Didn't Cause the Bitcoin Bubble by bildung on Wednesday November 06, 2019 @08:38AM (#21462369)
I suppose that referred to Merkle trees? Those are from 1979.
Re:One Tether Trader Didn't Cause the Bitcoin Bubble by Joeboy on Wednesday November 06, 2019 @09:29AM (#21462901)
I guess. "Merkle trees are a miserable hunk of garbage" seems like a slightly extreme view to me.