Very normal freedom loving country as always.
Also critical support for buttcoins in this particular case, I guess.
Do you think wanting more streamlined institutional transparency is “searching for a problem”?
Is it absolutely necessary to use blockchain for a socialist state to function? No, of course not, but neither are computers in general, they just make things easier. The same could be said for blockchain technology. Proper use of cryptography and blockchain could lead to less bureaucracy by needing less watchdog agencies.
Maybe you could get the same amount of trust without using the blockchain, maybe it really is unnecessary but I don’t think it’s possible to dismiss it entirely based on the first few implementations being libertarian fantasy nonsense.
Do you think wanting more streamlined institutional transparency
How the fuck is involving an entire network of random computers more streamlined than anything?
I don’t think it’s possible to dismiss it entirely based on the first few implementations being libertarian fantasy nonsense.
I’m not. I’m dismissing it based on technical merit, then making fun of it for being libertarian fantasy nonsense.
How the fuck is involving an entire network of random computers more streamlined than anything?
Because you’d be putting contracts that would otherwise have to be checked and enforced via third party audits inside the computer system which would do that automatically.
Right now the global financial system is a bunch of interdependent smaller systems duct-taped together by sheer force of the capital invested in them and some regulatory agencies (most of which are corrupt), having it all on a well defined protocol that more or less keeps itself honest sounds like a good idea.
Also actually developing such a system wouldn’t be this huge undertaking as opposed to just using a classical database, the groundwork has already basically been done.
It at least deserves some kind of proof of concept to see if its viable on a large scale. I don’t really get the animosity against it.
