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A comment on Coinbase plans to add $500M worth of crypto to its balance sheet. Parent comment
There are significantly more hurdles.
> It's the only hurdle to crypto having all the properties of a real currency. And it will be fixed.
It won't. The real value of a currency (and any other tech, really) is enforcement. Cryptocurrencies don't have that and won't have that.
> Yes. But that doesn't mean the technology doesnt work.
Yes, it works. For scammers.
On cryptocurrencies in particular and on blockhains in general these two posts are evergreen: https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-c... and https://medium.com/@kaistinchcombe/decentralized-and-trustle...
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There are significantly more hurdles.
> It's the only hurdle to crypto having all the properties of a real currency. And it will be fixed.
It won't. The real value of a currency (and any other tech, really) is enforcement. Cryptocurrencies don't have that and won't have that.
> Yes. But that doesn't mean the technology doesnt work.
Yes, it works. For scammers.
On cryptocurrencies in particular and on blockhains in general these two posts are evergreen: https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-c... and https://medium.com/@kaistinchcombe/decentralized-and-trustle...