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by ilaksh
1922 days ago
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Right. I wasn't recommending Bitcoin. I was talking about things more along the lines of Ethereum. Ethereum is what happens when you keep evolving the idea of Bitcoin. Bitcoin is what happens when you freeze the idea. But I will say that despite the wastefulness and other flaws of Bitcoin, at least it uses math to verify the ledger, rather than relying on authority and private entities to distribute points without any real verification. Money is just a points system used to distribute control over resources. The main advantage of cryptocurrency is that it uses math to verify that people are not cheating in their points distribution. |
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