archive https://archive.is/eBDXX
Well, if it had worked like “regular” crypto then just the complete transparency and 24/7 trading would have been a major revolution.
if it worked like regular crypto, we’d have a major revolution after a bunch of pension money got lost to poor opsec, a smart contract hack, fat fingering, or any of the other fucking stupid things that only happen in crypto
It would probably have been a centralized system though so much easier to control it.
A bit like USDT that is controlled by a company that has frozen assets on certain accounts in the past and replaced those frozen assets with new ones. They have control over the contract so they can just prevent certain wallets from interacting with it, making the coins useless as they’re stuck in the wallet (need to interact with the contract in order to move coins around).