Nope, we don’t want central democratic control over who can transact. We want no... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		CheezeIt on Oct 7, 2021 \| parent \| context \| favorite \| on: Bitcoin is a Ponzi Nope, we don’t want central democratic control over who can transact. We want no control.

ipaddr on Oct 7, 2021 [–]

An open exchange is progressive. A verified list of people who can transact is a closed stockmarket. Democratic imples a direct vote which is very far from true.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact