(no title)
zippoxer | 5 years ago
If you say so, then here's a question for you.
Using only non-blockchain databases, can you build an exchange that is..
1) Owned by no one, or owned by a community to which anyone can join.
2) Unstoppable. Can't be shutdown even if you cold murder the entire team.
3) Can't be regulated (will never do KYC/AML).
4) Permission-less: anyone can trade and/or provide the liquidity.
5) Open-source with indisputable proof that it *always* runs *exactly* and *only* the code it shows on GitHub.
In other words, can you build Uniswap [1] with MySQL?
paulgb|5 years ago
vmception|5 years ago
I’m specifically referring to non-custodial decentralized exchanges and automated market maker systems like Uniswap, trading tokenized versions of things.
Every asset class is 99% speculation, including national currencies. Weird when people look at crypto by this other fictional higher standard that no other asset class would achieve while dismissing speculation as a lesser non-use case, not saying you did but predicting someone else was about to.