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RE: ETH Fork 16th Jan / EOS and Iran First Fiat Stablecoin
that is fine, i can dig it... but how many of the 6,000 and growing do you actually think will be responsibly and viably managed? also, what are the chances of an entirely new blockchain tech developing to essentially make all those irrelevant. thanks for your comments
How many? I have no idea. But I really don’t think the number being larger is a concern. In fact, I might submit to you that a lower number would be a concern. As long as the incentives are aligned, I want as much innovation and as many people clamoring to make the best system as possible.
Choices, diversity, risk, reward, penalty and incentives - evolution at work.
As an example / privacy in CryptoCurrency. I think we have a better chance at getting really good privacy for the masses by having a lot of different people competing for millions of dollars trying to make the most private coin or token that beats the other guy’s token. Humans are humans. We’re not evolved enough to care about the world and each other enough to work hard enough to actually excel to the level needed to actually make stuff really good. Not like when there’s raw base fundamental human wants and needs on the line.