Hacker News new | ask | show | jobs
by aaaaaaaaata 1582 days ago
You're missing that the chain is already essentially ubiquitous for those that this is an important topic to,

to the point where large institutions are betting millions and billions on being a layer-2 player on it.

& if Ethereum isn't the "winner" at the "end", it'll be an Ethereum Virtual Machine compatible implementation.

1 comments

So your point isn't that it's a good solution to any problem, but that it's ubiquitous. Unfortunately, I think you're right. Hopefully we solve that library-conference-room problem soon!
My point is that,

like the "networking system that interoperates between all devices in the world", Ethereum is the next "agreed upon" frontier that can enable all of these things,

already is,

and that you may be lacking imagination as to what it could offer us to have that consensus.

A global, public, decentralized enough (not controlled by one nation-state or group, for better or for worse) settlement layer.

Why are MasterCard and Visa looking to settle on it if it's just me looking to solve the library room thing, like an egg looking for its chicken?

Ubiquitous to people who want to force people into getting grifted.
How much does swiping your MasterCard or Visa add to the cost of your daily purchases, on average, would you guess without looking it up?
Somewhere between 0 and 3%, but that doesn't account for the added value of my life savings not being wiped away if I accidentally misplace my credit card or it gets cloned.