Viewing profile — throwaway405769

Crypto is the most anti-authoritarian and anti-nazi technology of 21st century. It empowers the individual and makes them less vulnerable to state violence, like getting their weal…

>Why I am not surprised that your ideas closely match how authoritarian system (and dystopian cyber punk worlds) work? Imagine calling P2P voluntary interactions authoritarian... >…

Cope.

>who decides? and how I was talking about Kleros at the beginning of the discussion, but it's just one possible option. >You can only hire someone for a job if you have the money. …

I think you're being disingenuous since it's hard to believe that you still don't understand this. 1. Alice hires Bob to do a job. 2. Alice deposits money into the timelocked escro…

>and your virtual ideology is better, how? Virtual ideology? Also, does the word permissionless ring a bell? >What if they payment is never sent and "some time" is forever? You hav…

Laws are not ideal and are often used to discriminate against certain groups. > immagine this situation, Bob does the job, the other party never clicks on "done", Bob doesn't get t…

> Running this basic escrow code on the blockchain means that I no longer have to trust the kind of basic escrow code that’s used in centralised escrows Yes, it means that you will…

Have you heard about VPNs and TOR? What authoritarian regimes are we talking about?

What is a meaningful number of people for your highness?

He can work for Alice or anyone else in the world without having to deal with intermediaries and bureaucracy.

The crypto equivalent of "think of the children" are the people who scream money laundering and ransomware. Sort of similar to people who used to oppose end-to-end encryption and T…

No, it's running completely on smart contracts. You get the regular advantages of running on blockchain: permissionless and trustless access to finance. You don't have to trust the…

Getting all the data in the world into the blockchain and coding smart contracts to infer judgement from it would be too complex and expensive. A more practical approach is to tran…

More than 2 billions of people live in authoritarian regimes where the government rules exist only to oppress the population and make it more easily controlled. Bitcoin gives them …

Aave has $11 billion deposited on it right now and safety of those funds depend completely on getting accurate price data to trigger liquidations. So you can say that the oracle pr…

> who decides when the work is done? This is part of the smart contract, which has to explicitly define the conditions on which the collateral is confiscated. Getting real life dat…

You would either need an arbitration service or an oracle for that. Look into Kleros and Chainlink.

Ah yes, transparency. The root of all evil.

This is wrong, all PoS cryptocurrencies are extremely centralized. Try running a validator on Avalanche, see how it goes.

Is this sarcasm, or are you actually saying that freedom is not worth the spent energy? Bitcoin is now used by El Salvador to avoid borrowing money from IMF. Is that also a ponzi s…

DeFi is much more transparent than traditional finance.

This is so funny. You know, maybe you're just wrong and people that are smarter than you think differently. Have you considered that?

CBDCs have nothing to do with crypto. It's just PR by politicians.