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This kind of posts/articles bother me quite a bit. Mostly because blockchain technology was meant to fundamentally work as a viable alternative to existing pay
by znpy 6y ago
This kind of posts/articles bother me quite a bit.
Mostly because blockchain technology was meant to fundamentally work as a viable alternative to existing payments systems, not data stores or other kinds of stuff. One of the local grocery stores (Carrefour iirc) prints a code on the receipt through which, allegedly, I could read the receipt off a blockchain. Why anyone care about that?
Now you tell me I can have access to money transfer services without the hassle of dealing with banks and intermediaries, that is actually interesting.
James Mickens has made an interesting talk abou blockchains and how most of them are basically the wrong solutions to most problems. And it's kinda fine but mostly misses the whole point of blockchains as monetary system.
Tl;dr: yeah blockchains are the solution to /almost/ nothing, but can you blame a screwdriver for being bad at opening a can of soup?