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I imagine you could have said equally terrible things about the internet ten years after it's protocols were developed. Bubble! Scams! Blah blah blah... If yo

I imagine you could have said equally terrible things about the internet ten years after it's protocols were developed. Bubble! Scams! Blah blah blah... If you don't have even one good thing to say about something that has obvious benefits, you may be unreasonably biased.

hannasanarion 8y ago
Obvious benefits of the internet: communicate instantly with anyone anywhere in the world with any interface that can be digitized. Obvious benefits of blockchain: You can get tons of free money from idiot investors? You can hide wealth from the tax man with private fiat? You can forget your bank account number and never be able to access your money again? You can have a database that takes ten times as much electricity to maintain? There are so many benefits!
- Mc_Big_G 8y ago
  Just because something can be used for "evil" doesn't mean it can't be used for "good". You really can't imagine any "good" benefit?
  - asynchrony 8y ago
    The only benefit that doesn't involve evading regulations is (a dream) of lower fees for sending money. But even that hasn't materialized and comes with rather large costs.
  - hannasanarion 8y ago
    I genuinely can't. What can a blockchain do that a database can't?