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Frogolocalypse
on Nov 30, 2017
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Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner...
Separating bitcoin from blockchain is separating it from its incentive structure, which is the very thing that makes it a disruptive invention. It's almost like they're trying to unmake the invention.
leereeves
on Nov 30, 2017
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Nothing wrong with using the blockchain without paying billions to the people who bought Bitcoin early.
Frogolocalypse
on Nov 30, 2017
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parent
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None of that belief has anything to do with bitcoin and nakamoto consensus.
leereeves
on Nov 30, 2017
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root
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Indeed. Big banks using blockchain technology as a distributed ledger of stock ownership might have nothing to do with bitcoin.
Frogolocalypse
on Nov 30, 2017
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root
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Blockchain without the distributed consensus structure and independent incentivized miners is just an inefficient redundant database.
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