visa uses a proprietary protocol, and we have no idea what's going on in reality, security through obscurity has been shown times and times again to be shit
Your placing value in decentralization. Why? Because you’ve deluded yourself into thinking that this will somehow trigger revolution?
no, as i mentioned, as bitcoin is not controlled by one single entity, it can be used by people/countries somehow excluded from financial relations by use of sanctions
decentralization does not provide any inherent value, on the contrary actually, implementing decentralized protocols of any kind is always less efficient and much more complex, but with the current uncontrolled state of the financial sytem bitcoin provides a workaround for people/countries in need of such technology
unfortunately i can't, and it's unrealistic that any government would force them to do so, that's why bitcoin came around, and even if they did publish it, there is no way to make sure they're actually using this very protocol to exchange transactions, plus it doesn't eliminate transaction censorship and surveillance
They do, just not in a very public way to people outside the cryptography community, and there's no audit of course on the implementations. All of Visa's protocols are in some form in the papers published by Visa Research.
visa uses a proprietary protocol, and we have no idea what's going on in reality, security through obscurity has been shown times and times again to be shit
no, as i mentioned, as bitcoin is not controlled by one single entity, it can be used by people/countries somehow excluded from financial relations by use of sanctions
decentralization does not provide any inherent value, on the contrary actually, implementing decentralized protocols of any kind is always less efficient and much more complex, but with the current uncontrolled state of the financial sytem bitcoin provides a workaround for people/countries in need of such technology
So force Visa to publish protocols.
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unfortunately i can't, and it's unrealistic that any government would force them to do so, that's why bitcoin came around, and even if they did publish it, there is no way to make sure they're actually using this very protocol to exchange transactions, plus it doesn't eliminate transaction censorship and surveillance
They do, just not in a very public way to people outside the cryptography community, and there's no audit of course on the implementations. All of Visa's protocols are in some form in the papers published by Visa Research.