Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 2505 days ago · link · · parent · post: Neither Bitcoin nor Ethereum are particularly decentralized
The Federal Reserve has a blockchain working group. Most of the big names behind the Ethereum Enterprise Alliance are also backing Hyperledger. Your Linux analogy is apt: 90% of people never really use Linux "on purpose" but Unix of some flavor or another is iOS, Android, OS X and most of the server software out there. You're effectively arguing that people don't need a CS degree to utilize software and I would agree with that entirely. There's no reason Paypal or Venmo or Western Union need to use ACH. They could (and will) use a blockchain of some sort. It's pretty clear that Bitcoin won't be that blockchain but whatever blockchain it is, it has to be prevalent and agile enough that companies sign onto it.