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> But a system that takes the concept of ledgers, and makes it tied to pseudonymous addresses instead of persons, is distributed across the world, resilient to tampering (...) is 1. “Not innovative”

Well, it is innovative, in the same sense a jet engine is. What you don't do with jet engines is using them to keep static structures in the air indefinitely. You use steel beams or concrete for that.

Crypto tech as cash alternative is pretty much jet engine as a steel tower alternative.



That's a fantastic analogy for how incredibly wasteful Bitcoin & similar cryptocurrencies are just to maintain a steady state!




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