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As far as I can tell the only current real-world use case for blockchain technology is flight capital from China (https://ftalphaville.ft.com/2017/01/19/2182669
by itamarst 9y ago
As far as I can tell the only current real-world use case for blockchain technology is flight capital from China (https://ftalphaville.ft.com/2017/01/19/2182669/chinese-capital-flight-is-back/ https://ftalphaville.ft.com/2017/01/19/2182669/chinese-capit... - see graph at the end).
- eadz 9y ago... and bitcoin of course.
- saurik 9y agoI don't understand your comment, because that's the entire point of the person you are responding to: that only current real world product of blockchain technology is Bitcoin, and the only real world use case of Bitcoin is flight capital from China; like... what exactly do you mean by "and"?
- big_spammer 9y agoOverstock accepted Bitcoin since 2014 https://www.overstock.com/bitcoin https://www.overstock.com/bitcoin and now trades its own stock on it https://www.wired.com/2016/12/overstock-com-issues-stock-via-bitcoin-blockchain/ https://www.wired.com/2016/12/overstock-com-issues-stock-via...
- bbcbasic 9y ago... and raising capital of course
- ruyi 9y agoIf flight capital from China really were the only/major use case, most of these people would probably convert at least 50 percent of their bitcoins into a different currency once they moved the capital overseas. However, nearly 99 percent of the transactions are paid by CNY. These look more like domestic transactions to me.