The Limits to Blockchain Scalability

Re:The Limits to Blockchain Scalability by javert on Sunday May 23, 2021 @04:02PM (#27258057)

There are also big risks to fiat money, such having the entire economic output of your civilization be grossly distorted by central banks.

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Re:The Limits to Blockchain Scalability by bob33212 on Sunday May 23, 2021 @04:12PM (#27258131)

No one is saying that fiat money is perfect. This is a logical fallacy to jump to "Fiat has issues, therefore I will only own bitcoin". That is like saying "McDonalds is unhealthy, therefore I will only eat sand"

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Re:The Limits to Blockchain Scalability by javert on Sunday May 23, 2021 @04:35PM (#27258351)

I didn't say that. You're attacking a straw man.

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Re:The Limits to Blockchain Scalability by wizzwizz4 on Sunday May 23, 2021 @07:12PM (#27259476)

You brought up fiat in a way that implied a dichotomy.

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Re:The Limits to Blockchain Scalability by shkkmo on Sunday May 23, 2021 @10:50PM (#27260676)

Until the cryptocurrency community sorts out their Tether problem, they should probably lay off the "but central banks print money" talking point...

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Re:The Limits to Blockchain Scalability by RhodoGSA on Saturday May 29, 2021 @05:58PM (#27328556)

Tether has been audited now. Granted, i wouldn't have trusted them pre-audited but now they are about as trustworthy as any other bank.

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Re:The Limits to Blockchain Scalability by abecedarius on Sunday May 23, 2021 @04:12PM (#27258136)

"Risk-free rate" as in "nobody gets fired for buying IBM" rather than "actually no risk".

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