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153
This would be epic! (media.greatawakening.win)
posted 1 year ago by JohnnyMagnum357 1 year ago by JohnnyMagnum357 +154 / -1
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– lash 3 points 1 year ago +3 / -0

Pegging physical goods to the blockchain is not a viable path as this requires a trusted third party, something that the blockchain technology made possible through Bitcoin is supposed to prevent.

Just look at Circle and their USDC stablecoin. They were supposed to be 1:1 with the US dollar, but then their bank (SVB) failed.

So basically if some entity steals/confiscates gold, the link to the blockchain er service would be busted.

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▲ 0 ▼
– deleted 0 points 1 year ago +1 / -1
▲ 2 ▼
– lash 2 points 1 year ago +2 / -0

No need for attitude u/AsianPropaganda ...

I also am en observer of the present and I know that from a technical standpoint it is just bullshit without enforcement.

If you had read the bitcoin whitepaper you would know why.

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– deleted 0 points 1 year ago +1 / -1
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– lash 1 point 1 year ago +1 / -0

Easy to judge shit you know nothing about.

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... continue reading thread?
▲ 0 ▼
– deleted 0 points 1 year ago +1 / -1
▲ 1 ▼
– lash 1 point 1 year ago +1 / -0

You attitude and massive presupposition is retarded.

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