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Comment by teiferer

1 day ago

> being able to teleport across jurisdictions

"Teleporting" doesn't need a blockchain. In fact, a central database is much faster than a distributed ledger.

The "across jurisdictions" part only works as long as the jurisdictions allow you. As soon as you are a serious contender, your tech gets just as much regulated as everybody else.

It's similar to saying "I use Uber, it's so much easier to order than a cab". How you order a taxi is unrelated to the employment structure of the particular transportation business you are using. That's why we're seeing cabs and neo cabs (uber, lyft, etc) converge in term uf UX.