it does not

almost the entire purpose of anything like protocol buffers is to provide a safe mechanism for backwards-compatible forward changes -- "no one uses that stuff"?? what a weird and broken take

> No, I am claiming that I couldn't spin up a bank or a stock market on my laptop, that is compatible with all the other stock markets, by forking a git repo.

yeah, and that's kind of very much by design -- regulations that prevent this kind of yolo nonsense are a feature and not a bug

> and that's kind of very much by design

Ok, so then Yes I have brought up a valid and in demand usecase, you just don't like it.

Yes the point of all of this stuff is to make this usecase easy. Thats a real usecase. You just don't like that its easy.

it's in demand by malicious actors, is the point

we used to have markets that worked exactly like what you're describing, it immediately led to disastrous consequences for the broad base of society, and when we figured that problem out, we solved it with rules and regulations specifically designed to prevent abuses

you can suggest reifications of those rules and regulations to make them better, but what you can't do is suggest throwing them out altogether, that's pure regression

So then yes, it is in demand, there is a usecase, you just don't like the usecase.

> but what you can't do is suggest throwing them out altogether

Actually, that seems to be exactly whats happening. Bitcoin has been around for 17 years, and it and other blockchain technologies have only become better, more prevalent, more mainstream, and most importantly, more legal.

The freaking president/vice president seem to be pretty pro crypto as well. I've been following bitcoin since 2010, and never in my wildest dreams back then would I have thought that the president would launch his own "Trump coin", for example.

Crypto won. Beyond everyone's most extreme expectations. The "regulators" lost. Its over. You can cry about it, but that doesn't change the fact that it won.

you're using trump coin as an exemplar? the obviously unconstitutional grift that perfectly demonstrates all of my points about the importance of regulations?

crypto won??

get out of your bubble, my dude, you're high on your own supply

yeah, I guess a slow and shitty distributed database where there's no way to recover a lost or forgotten password (private key)

you get enough voting power and you can fork any blockchain to whatever state you want, no different than an admin doing an upsert

this is such a bizarre position, what you're describing has been not only possible but actually implemented in real-world systems for decades before even the idea of a blockchain was thought up

blockchains solve a self-invented problem

it turns out that legal regulations are Actually Good and Really Important

And how did you come to that conclusion? From all the money laundering done by the traditional banks for the cartels once they bribe the right AML personnel?

no, from the lessons that we have collectively learned, from the hundreds of years of history that we've collectively experienced, that have resulted in the banking infrastructure that we have today.

it's flawed and it can be improved, no question, but improvements need to reflect a basic understanding of the lessons learned by past experience, regulations were created for a reason, etc.

i don't know why this fence is here or who named it chesterton but i'm DAMN sure it needs to go!!

wash trades go in, wash trades go out, you can't explain that!

why would you post this customer support request to hacker news??