The design flaw: minting coins (printing money) does not create value, it just dilutes the existing coin holders.
Incentives doesn’t create value. It is just a bootstrap mechanism.
Build products people use.
An attempt at simplified single secret leader election (SSLE) using size-2 swaps. Leads to less perfect guarantees, but is much simpler (both the cryptography and the surrounding logic) in a lot of ways:
https://t.co/gaXsoJqvcM
Unreasonable restrictions in local economies often cause talent drain. Smart young kids can and will go work in other countries, further weakening the local economy. It causes a vicious cycle that may take decades to reverse.
Tried to subscribe to an online magazine (to read an article), but the payment process took way too long. If they just accepted crypto, they would have had my $108 for the year.