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To: z3n

quite right, quite right

Do you know these?

https://filecoin.io/

https://thegraph.com/

I think they can perhaps both contribute to a decentralized future?

And yes, blockchain is peer to peer. But most bitcoin transactions still use intermediaries like Coinbase, because we find it convenient. But really, it is and can be peer to peer. I believe the Satoshi white paper describes the first blockchain :)

(please note I’m not a technical person, so if I say something wrong, I apologize)


4 posted on 02/24/2021 6:31:11 AM PST by ConservativeDude
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To: ConservativeDude

As I understand it, currency should be:

Durable
Portable
Fungible
Divisible
Acceptable
Uniform
Limited in supply

I will take the word of my tech savvy betters, that Bitcoin has all of these characteristics - except one: acceptability.

I think it is too hard for the average person to understand when compared to, say, gold.


16 posted on 02/24/2021 7:09:49 AM PST by enumerated
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