Re:Ask HN: What do you think the world would be in 6 months ...
by high_byte on Saturday July 24, 2021 @12:37PM
(#27942322)
crypto is seeing massive changes, I'm sure it's gonna play a big part. my eyes on Ethereum PoS and EIP-1559
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Re:Ask HN: What do you think the world would be in 6 months ...
by japoneris on Saturday July 24, 2021 @01:09PM
(#27942612)
How do you think the crypto use would evolve ?
For the moment, I see it as a new way to speculate. Here, we are asked to declare it for our tax income. In other countries, the use is forbidden. So, in any case, the state tries to keep control on it, which limits usability and adoption.
I think it could be a protection against inflation or deflation, (even if it has its own volatility), as it is not indexed on a specific money providing a form of local stability.
However, PoS or PoW, it is almost the same. Big/rich have the capability to invest / buy machines while poor cannot. So one or the other option seems equivalent.