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by tootie 1520 days ago
Like I said, crypto was sold on transparency and it isn't. Secondly when it comes to fiat currency (or cars or medical equipment or other complicated things) there's mountains of regulations and regulators explaining how the complicated pieces need to work to be safe and how to mandate compliance. In the crypto space we are 100% dependent on the goodwill of unaccountable and frequently anonymous coders.
1 comments

Wrong. How do you think open source works? Did you read your Linux source code before trusting it? Probably not, and people do not need to because it takes one canary to notify and get the word out when something is wrong.

Ethereum is an experiment and has never not been in development. You saying that crypto can never work or that it’s transparency is pointless because an experimental project has an issue you don’t understand is extreme cherry picking combined with unrealistic expectations on a developing space. Progress is being made all the time and Ethereum is far from the only game in town. I do not understand why those ignorant, even those like yourself who admit just how ignorant you are, attempt to make poignant decelerations about the state of crypto.

I can use open source without understanding the internals. I don't even understand the end user bits of cryptocurrency. That's quite a difference.