Re:Why Decentralised Applications Don’t Work
by carlosrg on Monday May 24, 2021 @04:58AM
(#27262312)
I stopped reading when the author claimed that Bitcoin failed. If you think a virtual coin that has reached 1T market cap recently has failed I don't know what to tell you. Your definition of "failing" or "don't work" is flawed.
[ Parent
| on HN ]
The point was it has deviated from it's original purpose which is a decentralized, identity free financial system.
Dark markets apart, it has almost no practical use today. I've read some comments on people sending money cross borders using bitcoin, the author might have overlooked this. Anyways, without numbers it is mere speculations... What is interesting in his article is the fact that decentralized solutions are deviating from their original purpose, becoming less powerful, and centralized.
Re:Why Decentralised Applications Don’t Work
by savingisbadnow on Monday May 24, 2021 @09:41AM
(#27264233)
It hasnt deviated from its purpose. You are just free to use it however you want.
And each year you can do much more, you just have to admit you dont understand it first, then you can learn.