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> So far it's nothing but the next Tomagotchi or Pets.com At least with Pets.com you could order a 40 pound bag of dog food and get it delivered to your door.
by spookthesunset 9y ago
> So far it's nothing but the next Tomagotchi or Pets.com
At least with Pets.com you could order a 40 pound bag of dog food and get it delivered to your door. It may have been a bad business model but it still tried to solve a real problem.
Blockchain doesn't even solve real problems. It is just a technology in search of a problem. So far, the only "problem" it solves is providing a world-class platform for fraudsters and scammers to conduct business on top of.
Ethereum, in particular, is an excellent platform to spin up an ICO, take a bunch of suckers money, exit scam, and then go move to a country with no extradition treaty with the US...
- cfadvan 9y agoProblem: Want to part many fools from many millions of dollars. Solution: Blockchain! I think that’s the frame rails this whole messy thing is built on, loveingly maintained by scammers and some True Believers.
- spookthesunset 9y agoThanks, you said it way better than I could. Blockchain is a world class way to solve the problem of how to part fools and their money.