“Blockchain, but not Bitcoin” is an erroneous slogan

Question: exposing the statement “blockchain, but not bitcoin”, how can we convince an ordinary person that such logic is erroneous?
The only motive for using the blockchain is to achieve decentralization. In order to achieve decentralization, we need the ability to confirm transactions without giving anyone the right of veto or the right to control the network. Decentralization of transaction confirmation is needed, and the best mechanism we have so far found for decentralized transaction confirmation is a consensus algorithm that is based on competition. This may be, for example, Proof-of-Stake. In order to have competition, we need risk and reward. To reward you need an internal token. You need something valuable that people are trying to get, which causes them to stay in the game.

If you do not have such value, then you do not have the basis for competition. Without competition, there is no security. In the absence of security, you will have to centrally monitor transaction confirmations. And without decentralization there is no point in creating a blockchain.

Coupon on blockchain. Holders of cryptocurrency will be identified in Russia

Users must obtain a special permit in order to be able to work with digital money, for violation of these rules may face a prison term of up to 15 years To control the laundering of income, users will be required to undergo a special identification, after which they will receive the right to use […]

a crypto-fiatnoy exchange in Argentina

In his tweet on n article published on the CoinSpice cryptocurrency website. The article related to a joint investment agreement in blockchain projects between the government of Argentina and the Binance Labs division, whMarch 9, CEO Binance Changpen Zhao hinted at the creation of a new crypto-fiatnoy exchange in Argentina. This tweet was liken article […]

Texas cannot use a digital currency

On the official website of the Texas legislature, it says that on March 8, a bill was submitted that obliges citizens to identify themselves when using digital currencies. In the text of the bill there are definitions of “digital currencies”, “digital wallets”, “distributed registries”, and also “VIDC” – “digital currencies that allow you to find […]

Children play with money

Children play with money in the period of hyperinflation. Germany, 1922 Like many other participants in the war, Germany canceled the exchange of paper banknotes for gold and sharply increased the money supply (5 times during the war). Naturally, inflation began. By the middle of 1922, prices had increased 40 times, and a year later […]

Basel Committee report notes

A group of regulators included in the so-called Basel Committee, considers the threat of mass introduction of cryptocurrencies in the global market. Analysts of the committee presented a report in which they stated that the massive use of digital currencies could lead to fundamental changes in the modern financial system. The report notes: The continuing […]

Electroneum smartphone with integrated cloud mining

British startup Blockchain Electroneum presented to the public a cheap Android-smartphone, which rewards users of cryptocurrency. The company said that its new M1 is a smartphone certified by Google Mobile Services (GMS), which is equipped with embedded cloud mining technology that allows users to earn cryptocurrency using a special application. A smartphone costing $ 80 […]

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