Quote from: distr@yopmail.com on July 23, 2021, 06:36:47 PM

Quote from: SeaSoul on July 23, 2021, 05:07:54 PM

The weirdest thing about crypto is that it actually works. It does something that hasn't been solved before. Coordinate a financial economy at scale around the whole globe without any actor being able to destroy it.

Oh and of course, the weirdest thing about crypto is that this new currency with potential influence on world economic order was set free by someone we will most likely never get to know. In theory, it could have been an 18 year old kid from its basement with the IQ of Vitalik Buterin.

all of that is very possible. because the crypto market is built on the trust of every crypto user in the market.
of everyone who believes in and trades in the market. it will grow the value of the crypto asset.
actually, this is almost the same as the system in traditional markets. but it's true what you said, that everyone might even be someone we wouldn't expect to be the person behind a crypto asset.
especially now that there are so many meme projects that I'm sure many of these coins don't have real projects to develop.

Yeah, it is algorithmic dispute resolution over who owns what. A register that nobody has to manually check and you can blind trusty that it will always be correct. Where else do we have that? Nowhere, that is the weirdest thing about crypto and it opens so many ways for new ideas and innovation based on algorithms.