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0 pointssiddthesquid8mo ago0 comments

Yes, that trust is the fundamental difference. However, that trust costs money in the form of needing more nodes.

You usually can trust your bank, as long as you trust your government. Regulations make it difficult for banks to misbehave.

That being said, not trusting your government (which I can believe is a valid stance in some countries) is probably the only valid use case for blockchain IMO.

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baby8mo ago

I would say it cost less money, running a bank is a massive cost, entire cities like London, New York, and HK are built around the banking world.

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baby8mo ago

I would say it cost less money, running a bank is a massive cost, entire cities like London, New York, and HK are built around the banking world.

j / k navigate · click thread line to collapse