But we don’t know who it was so how is it any better than what we currently have? That is not public record unless you own/buy 5%+. Crypto is offering no new information there and it can’t tie people to the moves. So this is wrong.
Some chains have transactions that are quick enough that it would be perfectly fine for it
Ok but it doesn’t improve anything and it’s still slower than what we have. We don’t need it, swapping it out with current systems changes nothing except for making the transactions slower.
blockchains could replace the stock market and actually improve it.
I just don’t see how. What does it bring to the table?
The reason I keep talking about PoW is that it is a huge part of the consideration here. Mining requires rare earth metals/hardware and an inordinate - and very possibly unsustainable - amount of power. All to do what our entire currency system already does.
But we don’t know who it was so how is it any better than what we currently have? That is not public record unless you own/buy 5%+. Crypto is offering no new information there and it can’t tie people to the moves. So this is wrong.
Ok but it doesn’t improve anything and it’s still slower than what we have. We don’t need it, swapping it out with current systems changes nothing except for making the transactions slower.
I just don’t see how. What does it bring to the table?
The reason I keep talking about PoW is that it is a huge part of the consideration here. Mining requires rare earth metals/hardware and an inordinate - and very possibly unsustainable - amount of power. All to do what our entire currency system already does.