I don't have much crypto, but I have a little bit of a bunch of different ones. Just wondering what the consensus is... hold or dump?
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This is because you are not thinking clearly. What we are looking at is a control grid. Ultimate control. The church of the almighty state. This church has one goal and one goal only: to break your will to be different than they allow you to be.
Kill crypto? they have no such wish. They will incorporate crypto and suck it into their orbit. And you only get to play with it within certain bandwidth and if and when you keep following their rules. As we speak: the crypto sphere is already being sucked in.
I move from the position of the initial source and why it was developed. It needs a couple of things:
Solve these two, and no amount of .gov repression can suck it into their orbit. Otherwise, it is easy to see how such dependent systems are bound to be BORG-ed.
It's own energy supply is the same we use daily. And you may be thinking about PoW, which is being shown to be very outdated. PoS is the next big leap in crypto, and is never mined, which is the energy drinker. Algo in particular is net zero in energy usage being PoS, or in their case PPoS. Energy supply with any PoS project is not a concern.
This already exists in the form of nodes. These are not centralized, and the more nodes up and running, the harder it is to attack it.
I'd recommend you dig a little more outside of the shitcoins that get spammed everywhere (not here on GAW) and you will find some great things are coming.
Thank you, but no. I have had my share of wasting my time on a wild goose chase. Energy en infra independence is key. Once you can see that, all falls into place. The same requirements apply to any coin, with or without intrinsic value.
I do agree, some solutions are very interesting from a theoretical point of view. However, more practical and pressing considerations make these solutions hardly the stuff that escapes being sucked into the BORG-orbit.
I am fine with us disagreeing.
Allow me to pile on my previous espoused view concerning the infrastructure for communication.
https://www.coindesk.com/markets/2018/02/28/no-blockchain-is-an-island/
Think about what this Harvard Professor Lessig says in terms of control. How do you hinder a product to operate? Logistics and discrimination, deference to law enforcement.