|
|
|
|
|
|
by attilaperez
1557 days ago
|
|
|
Even as someone who profited well from Uniswap's initial token offering I still have to say that "swapping tokens" is an entirely useless functionality. Gambling, trading, scamming, and laundering are the only realized uses of crypto I have seen since I became involved with the ecosystem a decade ago. The fatal flaw of the decentralization argument is that humans are involved. People want to be able to negotiate chargebacks, even if it is a hassle. People are willing to surrender anonymity in exchange for forms of credit. All organizations require trusted parties. DAOs in a real world would still require forms of centralized trust to perform (AWS, Cloudflare, ...) and little stops one member from going rogue, stealing IP, and starting his own (legally recognized) business. This is before you even start opening an Econ 101 textbook to page 1. |
|
|
While I generally agree with the principle that there is a conflict between things people say they want in terms of anonymity etc and what they do want (security for chargebacks, credit etc etc), there are still increasing trade use cases, especially around sex, that are heavily discriminated against.