Content pfp
Content
@
https://ethereum.org
0 reply
0 recast
0 reaction

Raz pfp
Raz
@tzumby
One man’s problems are another man’s greatest asset. Ethereum (and other blockchains) is a network where adversaries such as US and North Korea can operate at the same time. This is a feature not a bug. Taking this a step further, alliances and treaties should involve skin in the game: ie you stake a percentage of your federal reserves to guarantee you will keep your promise (weather this is a military alliance or any time of state level agreements) if you don’t, you lose your stake and tank your economy.
1 reply
2 recasts
13 reactions

artlu 🎩 pfp
artlu 🎩
@artlu
this sounds like cope? this happens because societies have accepted (for the time being) a limited space where code-is-law, the connections to this space are rickety, and North Korea has purchased physical impunity for itself. It does not sound like it's intrinsic to the tech. Counterpoint: could Syria, Venezuela, or Taiwan could get away with behaving onchain as North Korea does? similar populations, range of global influence. If so, then there's your "feature not a bug"
1 reply
0 recast
1 reaction

Raz pfp
Raz
@tzumby
That's the beauty of those networks, on the one hand you can perform the biggest heist in history and launder the proceeds with a tumbler, but on the other, your on-chain footprint will be there forever to haunt your reputation. I don't think anyone should get away with this, hence why I alluded to having skin in the game.
1 reply
0 recast
1 reaction

artlu 🎩 pfp
artlu 🎩
@artlu
hmm, one man's haunted reputation is another man's insurance from multiple generations of US bombs. I want to believe your point about empowering human coordination with trustless rails. I really do! Just having a hard time seeing that the forever reputation on which So. Much. Depends., is worth a tangible cost. This appears to be just another mixture of Moloch and Tragedy of the Commons and Prisoner's Dilemma. Humans can't coordinate to [save the environment], even with a blockchain providing a layer for credible enforcement of pre-commitments. It extends to onchain social trading as well. My activity is linked to my ENS. But nobody knows when I do something good ... and nobody accepts that I haven't done something bad, or selectively disclosed in order to shape the narrative. And it doesn't feel like it's for lack of tooling, or product experience. (thanks for the debate btw)
1 reply
0 recast
0 reaction

Raz pfp
Raz
@tzumby
no, thank you! this is exactly the type of reply I was hoping for! I guess I was trying to find a parallel to PoS networks. But now that I think about it, sanctions are kind of mimicking the slashing part. And they're definitely not an effective deterrent.
0 reply
0 recast
1 reaction