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Definitely applies to all of that and blockchain if you want to separate that from cryptocurrency. “We know what it is - just not what it’s for... yet”
by SlowRobotAhead 8y ago
Definitely applies to all of that and blockchain if you want to separate that from cryptocurrency.
“We know what it is - just not what it’s for... yet”
- netsharc 8y agoThe other day I read about a company wanting to prevent ticket touting by using... blockchains. Erm, what... the... fuck? The hype around cryptocurrencies is that you can use it without trusting a single entity (a central bank). Only 1 entity determines whether an event ticket is worth anything or not, and that's the ticket checker at the gate. Why the eff would you need blockchain for this? But anyway, the startup probably got some millions of dollars, they're probably smart because they can see how stupid investors are...
- SlowRobotAhead 8y agoI’ve just been replacing blockchain when reading with “mathy database” and yea a lot of context doesn’t hold up.