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by pyinstallwoes
1464 days ago
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All of those things are contingent on perfect scenarios. As in, bug free contracts; which not to even mention the human willful engineering part of manipulating trust. Many people confuse permission and trust. The things you outline are optimistic visions for what cryptocurrencies can offer as an alternative to the "root" financial system; however it is certainly not better in every case, and only maybe better in some very specific cases. Perhaps this will change overtime, but one thing I know for sure.... every piece of software ever written and every piece of hardware ever built has bugs and has been hacked. The human is even weaker to exploitation, so... without middle-men to act as a safety net, lawlessness and ill incentive can run rampant. Unfortunately the human condition optimizes for this opportunity if it shows itself. You do admit there are cons, and I appreciate that. I think anyone who has some technical know-how should do what they can to at least point out any dogma. Dogma has clearly ruined a lot of the cool things about the technology. |
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The person you're responding to provided a number of cogent points. To take the bad faith interpretation of your argument we'd never use computers or online banking.