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The Internet opened up a whole new world of applications. Distributed ledgers do not. They are a complex and horribly inefficient solution to a very niche probl
by this_user 9y ago
The Internet opened up a whole new world of applications. Distributed ledgers do not. They are a complex and horribly inefficient solution to a very niche problem that crypto currrencies like Bitcoin have. But outside of that realm, they offer next to no technical advantages that would justify the exploding costs incurred by implementing this technology.
- jerguismi 9y agoI think we have to wait on that. Maybe both bitcoin and ethereum are still a bit on the wrong track, and better use cases will show up later on.
- just_one_time_ 9y agoI just played (and lost) 0.25 bitcoin on a decentralized blackjack app. My losses got split up between the nodes hosting the network. If you don't see the huge opportunity for new applications you have your eyes closed.