Re:An attacker is currently draining 100s of Solana, $SOL, w...
by ETH_start on Thursday August 04, 2022 @06:19PM
(#32349047)
>>I've got all the baseball cards I owned as a 10 year old stored in a persistent database too, but that does nothing to give it value.
That's a strawman. I was merely making the point that its existence as information in a persistent database means it's not "imaginary".
As for what confers it with value: that's the market. It has market value, so it is not "monopoly money", regardless of your various theories as to why it shouldn't have value.
>>All the drivel about mixers and zero knowledge proofs is the sales pitch of snake oil salesmen (and people who bought snake oil to a point they feel invested in it's value)
I made factual points about its similarities to cash. Your critique is knee-jerk hostility based on ignorance of the technology and your preconceived notion that it's a scam.
All the drivel about mixers and zero knowledge proofs is the sales pitch of snake oil salesmen (and people who bought snake oil to a point they feel invested in it's value) - yes, the technology is interesting but it's a solution in search of a problem that there's little evidence isn't already better solved by a regulated financial industry.