What would it mean to go right about it in your opinion? Using proof of stake instead of proof of work seems obvious to me, but I have a hard time thinking of an actual use case for crypto
Crypto currency, as we know it, is mainly analogous to the concept of rai stones. There’s a misconception that it’s “money in a device” like a kind of credit card, but how it works is you have digitally-produced objectively existing entities which can be “dedicated” to its current owner. This combination of modernism and improvisionism also gives crypto inherently authoritative connotations.
And there lies the issue. Trade and trade systems are a universal concept, but government is not, so I can confirm it’s a given that combining them just inherits the instability of the latter.
What would it mean to go right about it in your opinion? Using proof of stake instead of proof of work seems obvious to me, but I have a hard time thinking of an actual use case for crypto
Crypto currency, as we know it, is mainly analogous to the concept of rai stones. There’s a misconception that it’s “money in a device” like a kind of credit card, but how it works is you have digitally-produced objectively existing entities which can be “dedicated” to its current owner. This combination of modernism and improvisionism also gives crypto inherently authoritative connotations.
And there lies the issue. Trade and trade systems are a universal concept, but government is not, so I can confirm it’s a given that combining them just inherits the instability of the latter.