Re:The Crypto Backlash Is Booming
by rvz on Monday February 07, 2022 @07:30AM
(#30243875)
Here's a good answer:
So having your own blockchain domain and even using it as a method of login is illegal and centralised now? [0] ENS is a good existing example and concept 'so-far' of a valid use case, even when I disagree with it being implemented on Ethereum.
As for payments, cryptocurrencies that have blockchains like Bitcoin should be dismissed in the long term. Regulated stablecoins seem better for that purpose these days.
So having your own blockchain domain and even using it as a method of login is illegal and centralised now? [0] ENS is a good existing example and concept 'so-far' of a valid use case, even when I disagree with it being implemented on Ethereum.
As for payments, cryptocurrencies that have blockchains like Bitcoin should be dismissed in the long term. Regulated stablecoins seem better for that purpose these days.
[0] https://www.skiff.org/