Re:The Ethereum merge is done
by FabHK on Friday September 16, 2022 @09:02AM
(#32865527)
> I'm not sure what makes you think that is the 'single innovative aspect'
Because that is the single innovative aspect of crypto: circumventing regulation (by virtue of not having a central authority). Every single other thing can be done better by a non-decentralised system.
> much of the cynicism around crypto comes from a position of privilege.
Boo-hoo. I would think that more rich people are circumventing capital controls in China, Korea, and Argentina using crypto than poor, unbanked people are using crypto.
Because that is the single innovative aspect of crypto: circumventing regulation (by virtue of not having a central authority). Every single other thing can be done better by a non-decentralised system.
> much of the cynicism around crypto comes from a position of privilege.
Boo-hoo. I would think that more rich people are circumventing capital controls in China, Korea, and Argentina using crypto than poor, unbanked people are using crypto.