51–54 of 54 posts
This future was foretold in 1993: [ https://youtu.be/XoGkp7PPEfI ]
I have to imagine that movie night at Stanford CS consists of Demolition Man, Judge Dredd and Robocop, followed by a hackathon where they try to build imitations of what they saw.
It's good to have screenwriters on staff to flesh out consequences of your decisions. Plus maybe a Wall Street trader or two to figure out all the ways to game the system.
Earlier quoted context omitted.
In a democracy we're not subjugated to the state, the state is subjugated to us. Sure, they can trick people into licking their boots but the power is with the people. You can't rule over the dead and you can't rule without a head.
Have you been away for the past three years?
Earlier quoted context omitted.
Crypto will always be a solution in search of a problem.
In the past 24 hours, close to 1 trillion dollars worth of payments have been settled on blockchains. They eschew the need for intermediaries, like the numerous banks that recently imploded and locked depositors' funds away for who knows how long. They eschew credit risk. Creditors cannot take your funds on an L1, even if they maliciously try.
Earlier quoted context omitted.
In the past 24 hours, close to 1 trillion dollars worth of payments have been settled on blockchains. They eschew the need for intermediaries, like the numerous banks that recently imploded and locked depositors' funds away for who knows how long. They eschew credit risk. Creditors cannot take your funds on an L1, even if they maliciously try.
Yea that’s fair but look what happened to BTC when BRC-20 was implemented. Similar problem on ETH L1 chain, the txn fee is very high. Imagine if Visa had those fees, no business in their right mind would use them
Also, a wire transfer fee on a million bucks is like $20-$40. That's pretty comparable to ETH and BTC fees.