vocatus_gate
Joined 11 years ago
Joined 11 years ago
Ah yes, those famous knives that jump up and attack people, when they're not too tired from autonomously cutting steaks and chopping vegetables.
Kind of a pain, sure, but I felt better knowing it was a fresh build and everything was where it should be.
Along comes the people salty they didn't take the risk, and want to steal the money from the people who did take the risk. It's a tale as old as time.
"At MobileCoin, we believe governments have a legitimate interest in regulating the economic lives of their citizens."
And no, speed is not the most important. As long as the user can see the payment incoming, it's trivial UX to say "Payment received. Will be confirmed and available for use in 3 minutes."
edit: it appears MobileCoin is (allegedly) built on a combination of XMR + the Stellar consensus protocol? If true that's a slightly better scenario than I previously thought
Monero/XMR is the only 100% private, fungible cryptocurrency. All transactions enforced private by default, with no option to send an un-private transaction.
With cryptocurrency, you're right they're not an "investment" in the traditional sense. Right now more of a long-term gamble.
In my opinion the value is in the network and the ability to move money instantly (or at very least faster than traditional methods), securely, to anywhere in the world for a fraction of a cent. That ability alone is valuable and hasn't existed until now.
There are other arguments along the lines of deflationary vs. inflationary, anonymous vs. private, irreversibility of transactions (no charge-backs) that are good or bad depending on your views, but in general crypto represents a brand-new "investment" (or gamble if you like) for this generation.
The different cryptocurrencies that various teams are building follow different philosophies, but I think the space in general is pretty interesting.
Author and primary maintainer of Tron project on reddit.com/r/TronScript