Re:Bitcoin is a disaster
by harwoodleon on Thursday December 31, 2020 @07:32PM
(#25599111)
There’s a problem with this argument.
The middlemen are being created again yes, but they are being replaced with mostly open-sourced software solutions like smart contacts and auditable ledgers. Bitcoin started the party, but the other projects are now finding their feet with technology that uses open consensus as the basis for open, functional, opt-in systems.
Look at Gitcoin, this would not have been possible without the Bitcoin project gaining traction.
The middlemen are being created again yes, but they are being replaced with mostly open-sourced software solutions like smart contacts and auditable ledgers. Bitcoin started the party, but the other projects are now finding their feet with technology that uses open consensus as the basis for open, functional, opt-in systems.
Look at Gitcoin, this would not have been possible without the Bitcoin project gaining traction.