11–20 of 176 posts
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
Great, let’s all accelerate climate change even faster.
I hear this argument a lot and have a genuine question. How does Bitcoin electricity usage compare to something that achieves a similar goal? A good example is gold—many people compare Bitcoin to gold. What are the relative electricity costs of the two, and does that justify the cost of either asset? This would take into account the electricity costs of mining, labor, supply chain, storage, etc.
Great, let’s all accelerate climate change even faster.
We are trending towards clean, renewable energy as it gets cheaper. And hopefully taxing/limiting dirty fuels.
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
[1] https://www.frbservices.org/financial-services/fednow/index....
[2] https://corpgov.law.harvard.edu/2020/08/31/fednow-the-federa...
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
Isn't the saying "Trust, but verify"
You don't need to trust people on a blockchain, you have to trust the protocol, and then verify the results.
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
Isn't the saying "Trust, but verify"
Getting back on topic, that’s entirely Visa’s business in being a payments network. When I first heard about Bitcoin and cryptocurrencies, I wondered why Visa/MC/Amex/Discover and even (newer) real estate companies like Redfin weren’t looking at this seriously, since it could hypothetically be used to verify contracts and transactions in a decentralized way.
Don't trust, verify. It makes sense to Visa since they are in the business of verifying trust. Proof of transaction history (ie credit) is public and inherent to blockchain, apparently this is taking some time to realize.
Isn't the saying "Trust, but verify"
"Trust, but verify" is Reagan's slogan.
Great, let’s all accelerate climate change even faster.