The ledger makes possible fractional shares, which is the logical step in the evolution of fiat currency, corporate shares, shares in debt, etc. And cuts out the middle man. The idea that it is going to insulate us from the government is a dream for children. Never happen.
Source date (UTC): 2020-07-02 16:20:55 UTC
Original post: https://twitter.com/i/web/status/1278725350080614401
Reply addressees: @h0b0spic3s @Manse111
Replying to: https://twitter.com/i/web/status/1278724937067487236
IN REPLY TO:
Unknown author
@h0b0spic3s @Manse111 I’ll tell you something unpopular: I don’t really think much of the blockchain technology for the simple reason that proof of work is an uneconomic means of solving what is better solved by simply paying for the upfront cost of transactional technology that does the same thing.
Original post: https://x.com/i/web/status/1278724937067487236
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