It’s kinda scary how finance and payment processing companies can just destroy a company and a whole bunch of people’s livelihoods by themselves just because they decide they don’t like what they sell, and have no oversight whatsoever preventing them from doing this.
6 points
All the useful properties of a cryptocurrency could be done with a centralized server that generates tokens at a fixed rate and offers transaction management, with like a discarded netbook’s worth of computing power.
It wouldn’t be decentralized or crypto though, so you wouldn’t have weird libertarians propping up the value.
