Wozniak also said something far more important, pertinent and worth reiterating

When asked about altcoins, he rightly pointed out that ALL altcoins compromise on the quiddity of blockchain, trustlessness and decentralization, to have a business model. That's exactly what altcoins are, a business, a scammy business.

Any ledger which does not practice permissionless, decentralized book-keeping is not immutable, not trustless and is effectively the same old GAFA gang(Google, Amazon, Facebook, Apple) under the pretext of 'blockchain technology'.

Next time you see a 'blockchain project' with C-suites, just say, "No, thank you!"

Submitted June 05, 2018 at 08:12PM by xcryptogurux https://ift.tt/2sGEzs8