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I've always been agnostic on blockchain stuff. One of those 'flip-a-coin to determine its future' type of mentalities. On that note, my humble, unsubstantiated

I've always been agnostic on blockchain stuff. One of those 'flip-a-coin to determine its future' type of mentalities. On that note, my humble, unsubstantiated hypothesis is that IF it ends up not being a dud technology, then a couple of potential things that make that so might be... (1) Something to do with the growing number of people not participating in the current traditional financial system (the unbanked etc) together with some sort of negative event in current traditional system (recession/depression etc). (2) Something to do with future A.I. systems and processes requiring a historical snapshot of everything that happened within the system or process and blockchain somehow ending up being more reliable, secure, and accurate than a traditional database in recording the history of an A.I. system or process. (3) Something to do with the ability to monetize certain things at scale that either could not be monetizable at scale before or could have been but no tech existed that could have made the project/business profitable.

david_at 7y ago
> (2) Something to do with future A.I. systems and processes requiring a historical snapshot of everything that happened... This is what we're doing here -> https://www.grassland.network https://www.grassland.network
RealityVoid 7y ago
I am honestly surprised you did not put up there self-sustainable economic systems. Systems where people would exchange real goods and services but would not necesitate a central arbiter. Think of things like Uber or Airbnb. I could theoretically imagine a system with the proper incentives between users, providers and a incentivised system of decentralized arbiters or oracles that could be self-sustainable. You would lack a central authority but they would all work within a framework. But the fact that you lack this authority could potentially make it un-bannable. It would effectively be a system of peer to peer transactions that could offer come form of settlement in case of conflicts. Hard to pin down, but not impossible, I think.

david_at 7y ago

> (2) Something to do with future A.I. systems and processes requiring a historical snapshot of everything that happened... This is what we're doing here -> https://www.grassland.network https://www.grassland.network

RealityVoid 7y ago

I am honestly surprised you did not put up there self-sustainable economic systems. Systems where people would exchange real goods and services but would not necesitate a central arbiter. Think of things like Uber or Airbnb. I could theoretically imagine a system with the proper incentives between users, providers and a incentivised system of decentralized arbiters or oracles that could be self-sustainable. You would lack a central authority but they would all work within a framework. But the fact that you lack this authority could potentially make it un-bannable. It would effectively be a system of peer to peer transactions that could offer come form of settlement in case of conflicts. Hard to pin down, but not impossible, I think.