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RE: The false "scalability" problem

in #blockchain2 years ago

Let's start with the icing on the cake which prevails in the "cognitive dissonance" part of your article. The trifecta / trilemma which sucks all financial topics (economics overall) into a vortex of discussions without meaningful outcomes is the wrong approach. Your detailed analysis showcases that extremely well.

What needs to be stressed is that the true rift is not between "fiat currency" and "cryptocurrencies", but between "a single currency" and "multiple, competing currencies"

I believe the future is all about multichains and a healthy mix of multiple currencies as you stated -- whether we call that "the cryptoverse" or give it some other marketing / branding spin is second nature.

Great article. To the point!