Reading these comments after watching Dan Olson's NFT vid is like putting on the They Live glasses.
Losing a half million dollars worth of crypto by mistake is something that needs to be addressed before crypto can become mainstream. When it's this easy to lose everything, there's no way your grandma is going to be using it.
Yeah immutability is the entire use case for the blockchain and crypto by extension. Decentralization is the other. Reversing transactions will require some kind of centralized organization that can make changes and will have to be seen as authoritative, allowing them to disseminate those changes to everyone else. You just end up making a vastly less efficient bank.
Reading these comments after watching Dan Olson's NFT vid is like putting on the They Live glasses.
Yeah that's a feature, not a bug :ancap-good:
Yeah immutability is the entire use case for the blockchain and crypto by extension. Decentralization is the other. Reversing transactions will require some kind of centralized organization that can make changes and will have to be seen as authoritative, allowing them to disseminate those changes to everyone else. You just end up making a vastly less efficient bank.