punks at tfwno.gf
Mon May 25 15:03:25 PDT 2020
On Sun, 24 May 2020 05:08:14 -0400
Karl <gmkarl at gmail.com> wrote:
> Honestly government issued money is a bigger scam than the altcoins.
Well, yes, I never said otherwise. Although I would point out that even govt issued cash(paper bills) is better than any cryptocurrency since it doesn't need the arpanet to work, and it doesn't leave any trail in the mosad-nsa-gchq datacenter.
But the question was, which 'altcoin' doesn't have a bloated chain? I should have mentioned that something like grin/MW is more efficient thanks to signature aggregation, but I haven't looked into the details. Still, if grin is better than bitcoin, then people can easily switch. So far, they haven't...
> People die from it and it doesn't produce anything. Altcoins should be
> seen as a proposal for something that makes money worthwhile to exist.
> Most will fail.
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