> also the distribution was widely known to be gameable
It's fairly obvious we currently have no way to do perfect identity management. It's also fairly obvious you are using it as one-of-your-many ad hominem arguments.
It's fairly obvious we currently have no way to do perfect identity management. It's also fairly obvious you are using it as one-of-your-many ad hominem arguments.
Trust is the original currency and was the basis for the very first monies ever invented; monies based on trust are much more empowering than "hard" currencies which always have the effect of disproportionately empowering those who already have money.
>That is also how the fiat money system works.
The difference is that now, for the first time in history, you get control over your obligations, not banks. BTW your bias is showing.
This is a patently false statement.