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475 points danielstocks | 3 comments | | HN request time: 0s | source
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timdaub[dead post] ◴[] No.27301664[source]
Sometime in the future, people will stop belittling crypto currencies when they realize that the digitization concepts of traditional finance technology providers are inferior to those of crypto currencies and blockchains. Putting safety and security first for anything that handles money makes sense.

The calls for "you don't need a blockchain, just use a database" will become less and less.

Edit: Of course, Hacker News hates this comment.

junon ◴[] No.27301682[source]
Yes and we'll be screaming "please shut off your computer" because of all of the excess heat and insane power bills.
replies(1): >>27301690 #
timdaub ◴[] No.27301690[source]
Why not separate concerns? Crypto currencies work without Proof of Work today.
replies(2): >>27301841 #>>27302977 #
gspr ◴[] No.27302977[source]
> Why not separate concerns? Crypto currencies work without Proof of Work today.

You mean through proof of stake instead? Yay, now all the people who wanted to avoid having a competent central bank in a free democracy control the money supply get to have the people with the most money control the supply instead.

Jesus fucking christ, you cryptocurrency lunatics have lost it.

replies(2): >>27304395 #>>27305413 #
macintux ◴[] No.27304395[source]
I don’t necessarily disagree with the sentiment, but HN guidelines demand more constructive disagreements.
replies(1): >>27305520 #
1. gspr ◴[] No.27305520[source]
I'm sorry about my second paragraph. I'm getting a bit antsy from losing an otherwise intelligent friend to this nonsense.
replies(1): >>27309080 #
2. timdaub ◴[] No.27309080[source]
If you mean me, I've been lost since 2014 to this stuff: Check my CV on my blog: https://timdaub.github.io
replies(1): >>27315824 #
3. gspr ◴[] No.27315824[source]
No. I don't know you.