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olivia-banks a day ago

One of the reasons I don't think crypto can succeed is because people will only use it if it's convenient, which very likely means corporate involvement, which of course ultimately defeats the whole argument of being decentralized.

DennisP a day ago | parent | next [-]

Corporate involvement isn't that bad as long as the user can exit to fully decentralized operation in case of abuse.

olivia-banks 21 hours ago | parent [-]

This is true!

cturner a day ago | parent | prev [-]

Without convenience it will not be successful as a common currency. It does not need convenience to succeed in other ways. For example, as a store of value.

olivia-banks 21 hours ago | parent | next [-]

Sorry, I should have been more specific. "Succeed as a common currency" is more-so what I meant, I think the store of value argument stands.

Pxtl 20 hours ago | parent | prev [-]

Literally any scarce and durable good can be a store of value. A pound of Osmium is about a million bucks. So building massive server farms to store something equivalent to an inert rock is kind of uninteresting.