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That sounds awfully reductive. While it's obviously true that many blockchain-based businesses are/were just trying to cash in on hype alone, that doesn't mean
by vekker 6y ago
That sounds awfully reductive. While it's obviously true that many blockchain-based businesses are/were just trying to cash in on hype alone, that doesn't mean that ALL ideas involving a blockchain are bad.
- DonHopkins 6y agoJust that all people involving a blockchain are bad, who will fuck up even the few good ideas involving a blockchain, in their quest to get rich quick without actually doing any difficult work or providing any useful services. I'm sure there exist a few rusty metal sewage snakes in need of lubrication, but that's not what most people are selling snake oil for.
- jsutton 6y agoHope this was sarcastic, as it's an awfully edgy comment.
- DonHopkins 6y agoSo you actually think these scammers who have latched onto Woz are legitimate??! Have you sent them your money yet? How's that going, are you at the top of the pyramid? How much are you in for? Are you rich quick yet?
- nullc 6y agoThe situation is bad enough that anyone with an idea that isn't bad would do best to rename or obscure the "blockchain" connection. Not only does attaching to it act as a fairly reliable indicator of fraud or cluelessness, but it also means that you'll be constantly wasting your time deflecting suggestions to copy practices which are illegal, unethical, or just technically unsound from the majority of other 'blockchain' based ventures.
- aeoleonn 6y agoOne thing Joe mentioned was the potential for illicit activity within the encrypted data inherent in blockchain. He brought up an example whereby some user could hide something very illegal within the encrypted data. To be honest, I don't know enough about block chain or the blockchain economy, but the idea of hiding data/URLs related to very illicit content definitely makes me think it could be abused. Especially since decryption would be necessary to uncover the abusive usage (i.e. the concealing of illicit content/URLs to illicit content)