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0 pointselevaet4y ago0 comments

Amusing how it's gone from "be your own bank" back around to centralization, but this time with a colossal energy footprint behind it. Same shit, bigger pile I guess.

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3 comments · 1 top-level

tenuousemphasis4y ago· 2 in thread

You can always build centralized systems on top of decentralized ones in order to mitigate the scaling costs of decentralization. It's essentially impossible to build a decentralized system on top of a centralized one in order to mitigate the downsides of centralization.

spupe4y ago

I don't think that's the case. If Paypal wanted, and it was legally allowed, they could anonymize my data to an extent where not even their own team could know who I am. We don't do it because it would be open to fraud and scams, not because it is impossible.

tenuousemphasis4y ago

You didn't actually address anything I said. I'm not talking about privacy at all.

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