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RE: Proof of Stupidity | Revolutionary Consensus Algorithm

in #blockchain6 years ago (edited)

What we have to keep in mind is that cryptocurrencies offer alternative solutions to ones already being implemented. Just because it is an alternative, doesn't mean its 1) necessary or 2) better. As CI mentioned before with paypal, there is no objective reason for a company to accept cryptocurrencies as opposed to cash, ignoring the hype that's generated. Of course we still may be far off from this way of thinking but I think it is important to get some of the fundamentals down before going into full speculation mode. Happy trading!