Someday I kinda want to write a blog post about how @simple was anything but. Banking still needs an overhaul.
Step 1: barter Step 2: currency Step 3: fiat currency Step 4: crypto currency I don't see the arrow as going in the "simple" direction
-
-
step 4 is usually "profit", but cryptocurrency works just the same.
-
I suspect a crypto is a better first primitive upon which to build if more universal
-
The number of years of math/grad school needed to understand the economy keeps going up. Why is that simpler?
-
Your average person doesn't understand the difference between APR and interest rate; they won't need to understand Bitcoin just the same.
-
Maybe so, but that's different from claiming it's simpler.
-
Where did I say it's simpler?
-
A start towards... something simplerpic.twitter.com/LRGTq4jYXi
-
ok, the first step is to remove the banking intermediaries, simpler already. Add a dash of math. Less or more simple depends on perspective.
- 21 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
. TL;DR Bitcoin needs usability tooling to be simpler