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I do deny that they open up any opportunities. Even if they might do things better (which I don't see that happening; solutions are objectively slower and more
by Daishiman 6y ago
I do deny that they open up any opportunities.
Even if they might do things better (which I don't see that happening; solutions are objectively slower and more cumbersome than centralized databases with audit logging), they appear to solve "problems" that aren't really problems.
There's a lot of things that classify as annoyances and inconveniences in the world. That doesn't mean that I'm willing to dump a boatload of cash to solve them.
Identity isn't currently a technological issue. Microtransactions aren't a technological issue solved by blockchains. Ledgers of most things in general don't have a trust issue that's solved by blockchains.
Technies being techies think that technology solves a lot of issues just by existing while completely discounting the issues of trust and control in institutions themselves.
Most blockchain problems are actually governance issues.