Re:Green hackers around the world, let’s destroy Bitcoin
by jasdine817 on Sunday February 07, 2021 @06:55PM
(#26059360)
In what way is Hawala trustless?
Re:Green hackers around the world, let’s destroy Bitcoin
by tsimionescu on Monday February 08, 2021 @04:20PM
(#26070293)
Oops, you're absolutely right, I was thinking of distributed payments and somehow confused that in my head with being trustless...
Re:Green hackers around the world, let’s destroy Bitcoin
by mr_woozy on Sunday February 07, 2021 @09:57PM
(#26060280)
how could you possibly call Hawala trustless if you understand it?
Re:Green hackers around the world, let’s destroy Bitcoin
by tsimionescu on Monday February 08, 2021 @04:21PM
(#26070304)
Oops, you're absolutely right, I was thinking of distributed payments and somehow confused that in my head with being trustless...
This would be somewhat true if Bitcoin were the only mechanism for trustless transactions, but there are others that consume far less energy, such as https://en.wikipedia.org/wiki/Hawala.