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by sumshetty
2580 days ago
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Look at numeraire, nothing on the internet could achieve what numeraire has done, it puts skin in the game for financial predictions. The guys there were able to run a hedge fund out of it.
If we go to computing primitive. The internet was formed to distribute information, not sensitive information.
There is no protocol on the internet to store, share and process sensitive information like identity data, financial data or digital assets.
An analogy to this absurdity is that in the real world, people distribute newspapers on bicycles and trucks whereas money/ gold is moved around in armoured trucks with gunmen.
The internet doesn’t have a protocol that acts like the armoured truck with gunmen, bitcoin was potentially the first one to do so.
Is a speculative asset like bitcoin a gamechanger, I don’t think so, but I do think there’s value in adding native layers on the internet that enable the exchange of sensitive information. |
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SSL.