Re:Cooperation among an anonymous group protected Bitcoin du...
by DasIch on Friday June 10, 2022 @09:49PM
(#31701232)
Blockchain has a purpose: consensus without trust.
Central banks are institutions that are trusted and cooperate with trusted institutions.
In general as long as you have a mechanism to establish trust-based consensus by relying on people or a government there is really no advantage by using a blockhain and a huge number of disadvantages.
Central banks are institutions that are trusted and cooperate with trusted institutions.
In general as long as you have a mechanism to establish trust-based consensus by relying on people or a government there is really no advantage by using a blockhain and a huge number of disadvantages.