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A huge proportion of crypto projects by count and an embarrassing proportion by market cap are scams. Nonetheless, I really hope someone cracks the remaining c
by nmca 4y ago
A huge proportion of crypto projects by count and an embarrassing proportion by market cap are scams.
Nonetheless, I really hope someone cracks the remaining crypto issues (scalability, identity, ux, anonymity, governance protocols) well enough to provide sufficiently stable infrastructure for gvts to bootstrap off instead of rolling their own. I worry about the centralization of power otherwise.
- password4321 4y agoNo government wants financial anonymity for the governed.
- jesusofnazarath 4y ago[dead]
- mitthrowaway2 4y agoThere are two C's in CBDC, but none of them stand for "crypto".
- namaria 4y agoAll these issues have been solved already by the banking system. It's remarkable how people who believe in cryptocurrencies as a silver bullet cannot see they are just re-implementing an existing system, and stumbling upon all the problems we already solved for as a society, without adding anything of value. Yes, it's automated and abstract and makes you feel smart. The fundamental problem here is that a clean slate favors the most powerful players.