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Did you read the article? All of the use cases of blockchain have other solutions. Blockchain is just not that interesting, except as a social phenomenon. So
by worik 6y ago
Did you read the article?
All of the use cases of blockchain have other solutions. Blockchain is just not that interesting, except as a social phenomenon. So many smart people so confused.
This is not so much a emerging technology as a giant Ponzi or Pyramid scheme. The only way to get your investment back is if a "bigger fool" buys you out.
- noname120 6y agoExtract from the guidelines[1]: > Please don't comment on whether someone read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that." [1] https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- worik 6y agoFair enough Touché
- vvpan 6y ago> So many smart people so confused. That's because the argument that "All of the use cases of blockchain have other solutions." is wrong. There in no technology that can achieve the basic primitive interaction that Bitcoin whitepaper describes, which is make a cryptographically provable transaction from one person to another with no middlemen while mitigating a double-spend attack. In other words a trustless one-time digital transaction whether of value or some other information.