@bascule Bitcoin does not have the problem I am describing at all. Bitcoin has a way of defining "truth", whereas SCP does not.
@stevedekorte @taoeffect they're based on temporal logic: https://en.wikipedia.org/wiki/Temporal_logic …
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@bascule@taoeffect real world assumptions are involved: how compute power is distributed, network connectivity, game theory wrt humans, etc -
@bascule@taoeffect of course, the most dangerous assumption is that there is such a thing as a trustworthy third party -
@stevedekorte@taoeffect most Bitcoin startups to-date are Trusted Third Parties-as-a-service -
@bascule@taoeffect Yes, exchanges are a necessary evil until the fiats collapse. Fortunately, we won't have to wait long.
End of conversation
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