Post #33748 by sano on the US Policy board

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Cryptocurrency would seem to present a superb opportunity for well-heeled grifters in positions of international power, who own judges, legislators, and attract hordes of willing attorneys looking to get a foot on the big ladder.

"Private blockchains have been proposed for business use. Computerworld called the marketing of such privatized blockchains without a proper security model "snake oil"; however, others have argued that permissioned blockchains, if carefully designed, may be more decentralized and therefore more secure in practice than permissionless ones."

https://en.wikipedia.org/wiki/Blockchain

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