/biz/ - Business & Finance

>>3578156

> It's "crypto-fuel" as you've mentioned yourself you imbecile.

You can call it whatever you want. I don't care for the name

You can call it "modern" by it trying to tell you "hey it's a trustless system everyone should use it" then realize you can't do it without trust. That itself is very misleading. You do so at a cost of risking everyone's ETH because you let anyone run arbitrary code on your network.

You call it decentralized even though vitalik and his investors own 70 mil ETH out of 90 million and want to cap the supply soon by using a new coin generation algorithm that makes the rich get richer.

>>3578197
There's a difference, a huge one in fact. In the current banking / online shopping system, when shit hits the fan you can get your money back. You can call your credit card company or bank. When shit hits the fan in crypto, you will get NOTHING back even if it's no fault of your own. You are your own bank as they say so it's very important for any crypto currency to be as secure as possible. On top of that, people would just say "well you signed the smart contract so it's not our problem"

bump