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"Blockchain is a stripped-down payments system" no, it's more and can be used besides payments. And nobody believes it does solve the trust issues about actual
by anotheryou 10y ago
"Blockchain is a stripped-down payments system" no, it's more and can be used besides payments.
And nobody believes it does solve the trust issues about actual exchange for goods or service.
Biggest thing I see (but I'm not too literate on bitcoin): once it works right it can't be stopped or taxed and still fly across the world through the internet.
The blockchain is really interesting in itself, but I know little about what is possible with it. One example I love though is the "proof of prior existence". You can weave a hash in to the blockchain and than have proof you already possessed the hashed information at that time.