Can decentralised finance lay the foundations for an open digital economy?

Re:Can decentralised finance lay the foundations for an open... by ilaksh on Friday September 17, 2021 @07:35AM (#28564183)

Bitcoin is by far the least interesting cryptocurrency at this point.

What people miss about cryptocurrency is the basics. It's a way to create a secure, public, auditable ledger that prevents cheating. It's mathematically and technologically superior digital money. In very obvious ways.

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Re:Can decentralised finance lay the foundations for an open... by ItsMonkk on Friday September 17, 2021 @09:43AM (#28565385)

I don't think it's a good argument that Bitcoin is boring and others are exciting and therefore criticizing Bitcoin does not criticize Etheruem.

You're posting on HN, a site where "Use Boring Technology" is often cited. I think there is good odds that Bitcoin is the Windows Forms of cryptocurrency and everything else that is currently "interesting" will be proved to have made mistakes and crumble. In the end only Windows Forms and HTML will survive.

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Re:Can decentralised finance lay the foundations for an open... by noman-land on Friday September 17, 2021 @09:41AM (#28565359)

I agree. Bitcoin is an incredible innovation but things like Ethereum, that extend that innovation to more generalized computing, are much more interesting now. I still consider Bitcoin to be a proof of concept, and explaining Ethereum to a lay person is nearly impossible at the moment.

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