nico on Nostr: Being built on blockchain doesn’t make it better. In fact it has many downsides, ...
Being built on blockchain doesn’t make it better. In fact it has many downsides, and using it for Bitcoin eg a scarce digital commodity is so far the only viable use case.
A token makes it into an uregistered security.
If you need payments, why not use the most reliable asset and network already existing.
Published at
2022-12-23 15:55:14Event JSON
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"content": "Being built on blockchain doesn’t make it better. In fact it has many downsides, and using it for Bitcoin eg a scarce digital commodity is so far the only viable use case. \n\nA token makes it into an uregistered security. \n\nIf you need payments, why not use the most reliable asset and network already existing.",
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