What are you on about? Accelerating global warming so that I can own a reference to a hyperlink to a JPG of a monkey wearing a top hat is absolutely a fantastic use case for blockchain!
You are welcome :)
What are you talking about? It’s the second-best way to separate fools from their money!
What is the first one?
Running a lottery.
Id argue starting a church
Oh thats good one
Don’t forget buying drugs
Thanks for the reminder, I’ll do that tomorrow
Finally, someone who respects the spirit of Christmas. Drug dealers want to stay home with their families too!
@[email protected] 16 hours
@baitsmithy Here is your reminder!
@baitsmithy Ok, I will remind you on Monday Dec 25, 2023 at 10:13 PM PST.
No use case? Someone clearly hasn’t bought their drugs online.
But surely this is good for Bitcoin?
It is always unclear
There’s plenty of uses for blockchains, but it’s almost all about document validation and contract non-repudiation (boring bureaucratic things), not so much for commodities (“currency”) and copyright enforcement (NFTs).
To be fair, there are plans for a (international) bank exchange system based on Blockchain. Right now it’s either things like “Swift”, trust, or physically shipping gold.
Blockchain allows for a system where they just have to trust the system, as a whole, and not individual banks, or the governments above them.
This is the only useful use for block chain I’ve seen, that isn’t better served in another way.
Blockchain allows for a system where they just have to trust the system
So… that’d be a “no”, then.
There’s generally significant trust between national level banks. So long as they have some sort of trust in the countries involved, it can’t be intercepted by a 3rd country.
So one clear use case is to have a plan to have a use case? Totally legit
great for buying fake passports
Blockchain DNS seems like a good idea some days, but other days the entirety of the internet seems like a huge mistake.
There are uses for blockchain for internal company ledgers on a small scale. its just the standard style with crypto that is only useful for global warming.
Append only databases are pretty common thing , thats true. Never heard of internal enterprise blockchains though
They certainly exists and have their place but yeah not the life changing technology the cryptobros like to push it as
I’ve got one and only one, its a synonym for cryptocurrency in conversations and writing.
Why would you want blockchain for making illegal purchases? Crypto makes sense as a non fiat currency. But blockchain is an non alterable record.
Crypto makes sense
No it doesn’t.
The future will be on the blockchain, so there’s that.
The whole future you mean timechain?
Time Cube, more like!
No it won’t. For the same reason we won’t all be speaking Esperanto.
Ĉu vi certas?
Ne, nur vi.