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patxol π· anser.social
@patxol.eth
What's the new crypto application beyond "get rich quick" that you are the most excited about ?
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artlu π©
@artlu
mutually beneficial trade, as enabled by: * free markets * low-cost, safe value transfer * trustless interactions
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patxol π· anser.social
@patxol.eth
That's difficult, as you would still have to trust that you and the person you are trading with share the same available information about the trade.
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artlu π©
@artlu
No one's forcing someone else to trade. Particularly onchain. Information can never be epistemically "the same". Sovereignty is sufficient to allow for just interactions. I guess I gloss over misrepresentations (fraud). Society has produced multiple ways to deal with it, including some methods that are antithetical to brypto
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patxol π· anser.social
@patxol.eth
The only major gainer in this bull run are conmen putting lipstick on a pig to make it look like the perfect bride. The biggest UX innovations nowadays are targeted to increase the volume of exit liquidity. P.S.: Indeed, no one's forcing someone else to trade, however lying about the actual value of what you are trading is illegal in a lot of countries, whether it is a fake Rolex or a memecoin - misrepresentation or fraud ;-) .
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