3 ms·
This statement is too broad. Current state of software is only appropriate for some use cases. Email/text messaging (like 4chan) are not practical uses. Financ
by eyezick 9y ago
This statement is too broad.
Current state of software is only appropriate for some use cases. Email/text messaging (like 4chan) are not practical uses. Financial business logic handling is a great use case.
- albertgoeswoof 9y agoFinancial business logic is not a great use case, approximately no one uses it for that. Almost all of the interest in BTC/ETH is driven by speculation and greed, which is a shame as it's a whole new computing paradigm.
- fiatjaf 9y agoPeople speculate precisely because it's a whole new computing paradigm.
- fleitz 9y agoSpeculation and greed is the foundation of all new technology. Entrepreneur: 'Hey, look if we boil water it moves this piston' Investors: 'We speculate that this may be important in the future, here's money' Entrepreneurs: 'I made a steam engine' Investors: 'We speculate that this may be important in the future, here's money' Entrepreneurs: 'I made a railway system' Investors: 'We speculate that this may be important in the future, here's money' ...
- viraptor 9y agoI do not see greed anywhere in this exchange. Also there's a difference between what people normally describe as investment vs speculation. The first being assuming a growth of value of something useful. The second is making money on the difference in a value, completely ignoring what the value represents. (yeah, the line is a bit fuzzy in practice)
- eyezick 9y agoGood use cases exist because of the viability of the platform, not of their popularity. And even I meant to communicate financial "business logic", which is widely used in ICO's.