Comment on Will AI Startups End Up Like Blockchain Startups?

• Nibodhika@lemmy.world ⁨1⁩ ⁨week⁩ ago

  You know you can get your money back if you sent it to the wrong person, right?

  No you can’t, take a 100 bill and throw it out of a tall building, how do you plan on getting it back? That’s the equivalent of sending Bitcoin to a random address.

  But even if you give the bill to a random person you can’t get it back, you might forcefully take it, and even if you sue the person and he’s legally forced to give it back to you he’s not forced to. The exact same is true for Bitcoin, no one can revert a paper money transaction.

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