Sharp thread though I'd argue that it's entirely possible that bitcoin's inability to become a currency over an investment vehicle whose value is calculated in units of sovereign currency is truly a fundamental flaw of its designhttps://twitter.com/mcclure111/status/953755342176956416 …
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*pushes glasses up nose* also I don't take you seriously if you call it "crypto"
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you're missing bitcoin's killer use: as a global, append-only log accepting arbitrary data, you can use it to store all your shit. and other people's, too! your photos every disney movie ever so much child porn all irrevocably entangled with billions in "wealth", forever.
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personally I am a fan of the ham sandwich backed currency idea. a currency’s value should be fixed to the mean international cost of a ham sandwich.
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Won't work in Muslim countries, we'll have to go with chicken.
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not a bad idea. chicken coin. each coin garaunteed to be exchangable for one international median chicken cost.
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Or we could just trade real eggs.
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I GUESS but an egg doesn't have proof of work like a chicken does
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Granted. However, it has the advantage of being smaller, is already encapsulated, and has potential, stored energy for work. Since this started with the discussion of cryptocurrency, I'll think I'll take the egg. Or the chicken. The only hash I'm interested in is corned beef.
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Hello Sarah. Do you have the same derisive opinion of Ethereum? Do you put them in the same bracket?
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I'm not Sarah, but ethereum has the minor drawback that it was constructed by toddlers with crayons. Building a financial system? Why not take the most insecure and unpredictable language we have and add more bugs to it? That'll be great for writing contracts.
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Good points. I suppose currencies themselves fall prey to speculation occasionally, which hampers their role qua currency (and hurts the ordinary, non-investor users of them).
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Le chargement semble prendre du temps.
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