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Comment by mminer237

The only practical differences in the tech is that it wastes more power, has no insurance, has no fraud remediation, and has no safeguard against volatility. I guess the potential anonymity too, but that's only really a practical benefit if making an illegal transaction.

The only time I can ever see a cryptocurrency being worth it is if you do not have any central authority you can trust. If we ever get to the point where you can't trust the courts to somewhat reasonably protect your money, then I think we have worse problems. Especially since you wouldn't have any physical protection from the legal system.

parent mminer237 5 years ago

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