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replied 2215d
Even if encryption added, there're ways gov could use AI & heuristics to disrupt the blockchain. Also, w/o a "trust" mechanism they could just join the network themselves & disrupt.
anarchovegan
replied 2215d
@memo What do you think of Skycoin?

&t=8m31s
https://memo.cash/posts/ranked?s=skycoin
replied 2215d
Of course, you could say people already do that when it comes to the existing monetary system. 1 concerning thing though is the danger of monoculture implied. More Vulnerable.
replied 2215d
Definitely sounds interesting if it's not just pie in the "sky" 😀. Sounds a bit complicated though.
replied 2215d
Bitcoin is about at the limit of what can be understood with some difficulty by normal people. This probably can't be, so I wonder if people can trust what they can't understand.
replied 2215d
in this respect, bitcoin is no worse than the current monetary system. or tell me you understand that fully and could help explain it to a randomly chosen person.
anarchovegan
replied 2214d
Ironically, I'm getting closer and closer to being able to do that.
Though, I also understand the basic issue with a current system: based on fraud.
https://bch.gg/moneydebtplaylist
anarchovegan
replied 2214d
You think politics isn't an example of people trusting what they can't understand?