What Is a Cryptocurrency? We Need Clearer Definitions | Crypto Craft

  • What Is a Cryptocurrency? We Need Clearer Definitions

    From coindesk.com

    This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Dr Gina C Pieters is an Assistant Instructional Professor in the Department of Economics at the University of Chicago, and a Research Fellow at the Cambridge Centre for Alternative Finance at the University of Cambridge. She has been researching cryptocurrencies since 2015. There is an unresolved debate over how to define decentralization in a distributed ledger system, even though decentralization of peer-to-peer payments was the motivating factor for bitcoin. Personally I ... (full story)

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TudorIoan
Dec 31, 2019 1:57pm
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Technically - an encrypted computer file coming from wasted electric power.
Social-Economically - a computer file backed only by the naive, crooks, ignorants and frustrated losers. (Fiat is backed by strong economies)
Chart - a robbing tool.
Financially - a deflation trap
Gambling - best poker chips, Exchanges = Casinos
Environmentally - an ecologic time bomb
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Not-KPMG
Dec 31, 2019 12:59pm
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That beginning reads soooo stupid
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Not-KPMG
Jan 1, 2020 7:45am
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😱

Blablaaaa Professor.... been researching crypto since 2015.... Says :

I have no idea what's crypto.
I'm duuuuuuuhhh 🙊🙊🙊🙊
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TudorIoan
Jan 2, 2020 4:08am
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Now I know you're a crook
And an imbecile because you think you're smart
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GreyPool
Dec 31, 2019 1:06pm
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Agreed, it's not that difficult to define a cryptocurrency

Quoting Not-KPMG
That beginning reads soooo stupid
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