Re:Bank of England to explore a potential Central Bank Digit...
by Nursie on Monday April 19, 2021 @02:25PM
(#26866279)
The problem with that is that there doesn’t seem to be anything interesting going on, beyond speculative hyper-capitalism. All the problems crypto was going to solve were illusory, or crypto was not a useful tool in solving them. Instead we’ve had years and years of hype and bubbles and solution-looking-for-a-problem but nothing much of any practical value.
“Move fast and break things” now has a bad rap too in much of society - it turns out not everyone wants their things broken, and some of that stuff was useful. The world is not as in-love with the output of Silicon Valley startups as it used to be, having seen some of them play out.
Re:Bank of England to explore a potential Central Bank Digit...
by matheusmoreira on Monday April 19, 2021 @03:33PM
(#26867002)
Monero is very close to the original cryptocurrency dream. Private, anonymous, fast transactions, low fees, mineable by CPUs, can be and actually is used as a currency.
HN refuses to change its collective position it settled on a decade ago. It seems people here got stuck on some abstract projections of "crypto-capitalism-cruelty" and refuse to admit there might be something interesting going on.
Where did the "move fast and break things" people, the "disrupt the institutions" people, and the hackers go? crypto.
Or should we only be working on sass startups to reformat pdfs. is that what we're allowed to work on? everything else is a moral sin?
Utterly Bizarre.