@iwein @EUCommission Yeah, I have zero issues with non-proof-of-work cryptocurrency in theory (and many with the folks who are usually involved in these things and their companies) but the real challenge there is, again, usubility. You’re up against “press this button and we’re done” (Apple Pay, etc.) or, at worst, enter three numbers and press a button (credit card checkout, when done right).
That’s very hard to compete with using:
1. Find out how all this works
2. Get a wallet
3. Find an exchange
4. Fund your wallet (guess how – that easy system that works as described above)
5. Pay using your wallet
6. What? You sent someone your private key by mistake?… Oops!
I mean you have to either be really dedicated or entirely out of options to be using crypto right now (right libertarian get-rich-quick artists, aside.)
But yes, in theory… :)