Re:The political case for a blanket cryptocurrency ban
by jude- on Wednesday March 31, 2021 @03:20PM
(#26651776)
> (sybil-proof identities must be implemented),
I stopped reading at this point.
Re:The political case for a blanket cryptocurrency ban
by VectorLock on Wednesday March 31, 2021 @06:02PM
(#26653715)
Just solve this one intractable problem and everything else is easy.
Example would be if you had 1 US bank account sitting on a billion, never used it, so the govt is like, well you're not using that so we'll give it to someone else lol.
I personally am against billionaires existing. So, capping a coin at 1 billion or 999 million, makes sense to me - but only if there can ever be only 1 wallet per person. There could maybe be sub-wallets, but these are more like drawers in a dresser where the dresser is the wallet, and the drawers are compartments. Maybe a compartment in the wallet is a joint compartment that you share with a spouse, child, or a business/DAO or some other form of trust...
There's a lot of things possible, that could happen... but I think PoW still makes bad sense, because we do have a global warming issue that is starting to pick up in terms of severity.