By what mechanism will cryptocurrency change the fact that the already existing wage theft laws aren't being enforced?
Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add?
Maybe take a second to consider why the problem exists, what the current mitigations are, and why those mitigations don't work. Then reflect on what your solution does differently than everything else we've tried over the last hundred or so years.
> Neither is eating but better technology has certainly reduced famine.
Agriculture is a technology. Growing food at industrial scales is a technological problem. Without cheap synthesis of fertilizer, absolutely no amount of manpower, social movements, or laws can produce food at these scales. It is purely a technological issue. Distributing that food to the world is a social problem that technology has not solved in the last century.
> If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you.
People usually resort to condescension when they know they don't have an intelligent argument to make but still want to feel superior. How's that going for you?
Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add?
Maybe take a second to consider why the problem exists, what the current mitigations are, and why those mitigations don't work. Then reflect on what your solution does differently than everything else we've tried over the last hundred or so years.
> Neither is eating but better technology has certainly reduced famine.
Agriculture is a technology. Growing food at industrial scales is a technological problem. Without cheap synthesis of fertilizer, absolutely no amount of manpower, social movements, or laws can produce food at these scales. It is purely a technological issue. Distributing that food to the world is a social problem that technology has not solved in the last century.
> If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you.
People usually resort to condescension when they know they don't have an intelligent argument to make but still want to feel superior. How's that going for you?