Post
Topic
Board Tokens (Altcoins)
Re: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela
by
nutildah
on 29/08/2018, 07:34:59 UTC
They have the advantage of being able to do whatever the heck they want, there is no globally distributed ledger to carefully coordinate between remote partners in mixed time zones and multiple languages.

You're being sarcastic right? That's exactly what a blockchain is for.

They can just scrap whatever went wrong and just pull another rabbit out the hat and tell people to just use that blockchain instead, same difference.  

I'm not sure that would sit well with everybody who has been planning to use it as a NEM token over the last 6 months.

The petro was a prime example of throwing a blockchain at a problem and hoping for the best. However, instead of just being some fanciful, pie-in-the-sky idea, this directly effects the livelihood of millions of people, for the worse. The moment this thing stops being smoke-and-mirrors is the moment I'll stop trashing it.