...Lets talk centralization, cause thats sure to catch peoples interest!
Vericoin wants to use the blockchain to go after a mass audience, not the crypto nuts!...
If you want centralized system just use Visa credit card or PayPal
they are much more usefull than any Veri BTC LTC in speed, easy to use...
and accepted everywhere, connected with you bank
You can eve buy preloaded credit cards for children, transaction are completed in seconds
centralized system works.
Crypto is about non authority control currency you can send money when you want (to shops, to Wikileaks ) and transactions can not be charge backs
Here is biggest value of crypto currency.
In real that was only ONE good reason to use crypto, to feel free and transactions can not be stopped
transactions can not be charge back
goverments can put regulations but it can not be stopped.
This is value of crypto.
Does crypto have any implications outside of crypto?
Just wondering. Because there is a whole group of people including myself that think coins are stupid, but that the true innovation lies within the blockchain. The one we just proved can reverse theft and preserve a currency through quick work, and dilligent actions from the community, led by 3 rock solid developers.
If anyone can fix this, why not a microsoft employee like the one we have developing for VRC?
QUALITY folks. VRC has it
The problem with your innovation you talk about is that it can be viewed both ways...good in times of crisis but harmful if done too often.
VRC is nothing better than the current banking system.