• @phoneymouse
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    6 months ago

    It should be called “unregulated money laundry for criminals”

    • Phoenixz
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      16 months ago

      Well… Partially. It could be so much more than just nerd investment gambling and criminal money, but the technology is just fundamentally too flawed for that.

      • @iopq
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        16 months ago

        There are many different technologies, which one is flawed?

        • Phoenixz
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          06 months ago

          I’m referring to all blockchain based ones. Block chain, by design, is beyond extremely inefficient

          • @iopq
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            16 months ago

            There are ones based on mesh structures, and other shit I don’t quite understand. By design, having multiple currencies offloads a lot of the transaction cost.