Conversation

do not imagine that a currency market is any way to equitably distribute finite goods. it is not a solution to web of trust problems. it’s a speculator’s game. how long are you willing to ride the bubble?

a highly consistent distributed ledger, divorced from all this proof-of-work stuff would have tremendous value
to communities trying to operate local voucher and coupon programs. the use cases abound for this but somehow we’re stuck reproducing currency markets for rich nerds.