Post
Topic
Board Altcoin Discussion
Re: The impact of bad crypto (DASH, SDC, etc). How much does math matter?
by
toknormal
on 24/04/2016, 02:14:20 UTC

Make up whatever you want, of course, just don't expect anyone else to care.

I do expect them to care.

Thats the difference between the view that you are expressing and that of what I'm posting here.

Just read your own post again:

I'm asking to see the public blockchain, where everyone can see all the balances.

Do you realise you're talking about gold ?

Nothing could be less obscured. It's lying around in the hills. An open secret. Analysed to death, has a place in the periodic table. If ever anyone even stumbled on a piece of gold there are a myriad of reference points for them to verify it. Even if you don't own it you can still verify it. It is what's known as a "bearer token" because after gold there is no further you can go in the chain of trust.

So it is with public blockchains. There is a reason why satoshi did not obscure the blockchain - even though anonymity was the priority - and that reason is plain as day to anyone who understands how gold acquired its value.