Viewing profile — Yetioko
Yetioko
HN member- Joined
- Sat, Feb 26, 2022, 5:27 PM UTC
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About Yetioko
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Comment #30486914
That would not be very good in the current situation. This would lead to more energy consumption, more intransparent bribes etc. I hope not.
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Comment #30486903
You make a lot of wrong assumptions. Not sure why or if you do this on purpose though. - Crypto is not transparent. Its continuously mentioned as a benefit of crypto. You should be…
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Comment #30486826
You are part of a system not the property of it. I'm totally lost on what you are trying to imply with "And please show me where rights are granted to governments and by who and fo…
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Comment #30486818
I'm fully aware how PoS in context of crypto works. But let me tell you what the PoS part is in our current fiat system: I get my salary in fiat. I save my fiat in a bank account f…
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Comment #30486783
"if people value it" People stop valueing it when they can't do anything with it. Currently no one cares about crypto for anything besides gambling. There is a very long way ahead …
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Comment #30479817
You can only do this as long as you are able to convert fiat to crypto and back. You can also only do this as long as crypto is so small that its not getting banned. And for everyo…
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Comment #30479789
Those are companies with policies. They have to listen to laws. Guess what happens if crypto would become bigger and actually a problem for all states globally? Do you really think…
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Comment #30479751
Etherium is looking for a PoS system. Guess what our current fiat system actually is? A highly finetuned evolutionary PoS system. It has features like: - transparency - fraud detec…
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Comment #30479711
They just stop it as they don't know how to use it and they also don't care about it anyway. Only the corrupt ones might accept a bribe.
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Comment #30479702
Your logic doesn't make sense. You are part of a system like a country. You are part of that country and the country acts on your behalf. IF there is a good reason that the state o…
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Comment #30479653
Just that normal people don't benefit overall. If you are for bitcoin and its 'benefits' and you are not someone who is doing tax fraud in a big way, you do not benefit from crypto…