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by alganet
250 days ago
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Would I tell my layman friends to use a crypto product or program? Definitely not. It has been abused extensively by scammers, money laundrers and all sorts of bad people. I can't say to them "trust this". On the contrary. My advice is: if you see crypto (coin, identity or anything), get away from it. That's a sensible advice to give to non-technical people. People that know a little bit more, also know blockchains are not invulnerable. No technology is. And the whole technology stack is too damn complex for a single person to understand. You can sort of trust by principle, but there could be all sorts of practical issues (implementation, networking, keeping keys secure, majority attacks, and so on). Definitely can't trust my identity to it. Trust, is gone. It's only a downhill from here. From crypto, to AI, to anything really... the perception on technology is only going to get worse. That's a genie that got out of a bottle. I cannot see a path to change the increasing mistrust. |
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Lofty.ai used crypto as the back end for their fractionalized property platform, but there is no mention of crypto. I used it to sell a portion of my rental property. Here's a video I made about the process: https://www.youtube.com/watch?v=SgPLXFwhZbY&t=2s