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RE: Red Flag Traffic Laws 1865 - it was stupid then. Cryptocurrency is seen stupidly now. Not much has changed.

in #life6 years ago (edited)

Just as stupid as it was, with the invention of the automobile to try and require people to walk ahead of the vehicle waving red flags...

this really happened eh?

...is as stupid as it is to approach the development of cryptocurrency and "trustless" blockchain technologies the same way.

Definitely a game changer for the world, though most of it is lacking in bits and pieces. i see massive acceptance in the coming future, and possibly a central currency. I don't think it will be bitcoin though. the aim of micro payment is defeated with its transaction fees.

Good post!

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