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by kordlessagain 1592 days ago
> there's a trust issue around oracles

I remember asking someone about this in the early days at the Bitcoin meetup in SF. This was when Ethereum was an idea, not a reality.

I pondered, "Will Ethereum have a way to query the Web in a transaction?". I never got a straight answer from anyone about how that would work well. Later, I discovered that Bitcoin script doesn't have loops, but is still somehow "Turing Complete" according to the inventor, who may or may not be the inventor.

My take then and my take now is that cryptocurrencies have some value for transitory things and imaginary value for more permanent things.