@DoctorGoss so it's a heater that is an order of magnitude more expensive than conventional tech with no reasonable RoI
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@IOHK_Charles Lol. Unfortunately, getting data into the Blockchain requires trust. The more "wet" (as@NickSzabo4 would say) the more trust.
@DoctorGoss @IOHK_Charles It requires traditional methods, which for most valuable applications are highly evolved and highly reliable.
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@NickSzabo4@IOHK_Charles@virtuallylaw Law has an incredibly important function in society. It's taken a long time to get where it is today -
@DoctorGoss@IOHK_Charles@virtuallylaw True, but we don't secure money by storing it on sidewalk and calling lawyer when it dissappears. -
@DoctorGoss@IOHK_Charles@virtuallylaw Where automated security can substitute for mere legal language it is vastly superior. -
@NickSzabo4@DoctorGoss@IOHK_Charles Creating those efficiencies democratizes enforcement of contractual rights in payments: smart payments -
@NickSzabo4@DoctorGoss@IOHK_Charles Amazing how creating efficiency in markets leads to more fair outcomes...
End of conversation
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