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> The tech itself is clearly useful in some applications There have been 0 real world applications for this tech in 8 years outside financial crime, fraud, and

by sub7 5y ago

> The tech itself is clearly useful in some applications There have been 0 real world applications for this tech in 8 years outside financial crime, fraud, and speculation. A lot of the same conversations in 2013 ended with "yes but it's so early give it 5 years" and here we are still waiting for a decentralized app that's more useful to anyone than a plain old db. Also disagree that fiat had any effect on mugging frequency. People with gold/silver coins likely got mugged at the same rate.

herbst 5y ago
Even if this is true in your POV this does not mean this is true for anyone. I saved thousands of dollars in banking fees by using crypto as means for transactions and speculation. The main food delivery as well as the main amazon competitor in my country both accept Bitcoin, Monero, Ethereum, Tron ... i (and the seller) save transaction fees each time i pay with crypto. Over eastern i run out of money because i forgot that the whole banking is literally shut down for 5 days. I mean what the fuck is this in 2021? Whatever you argue the tech is worthless. It was about time to we have an international, kinda unregulated but transparent way to own and move money.
h0h0h0h0111 5y ago
>There have been 0 real world applications for this tech in 8 years Geez, I mean that's simply not true so I don't know what to say to you. Granted, applications are not as wide-ranging as the moon-lambo squad might have you believe, but there are plenty of people using blockchain in production, and plenty more using related tech/concepts (like the ones I detailed). >Also disagree that fiat had any effect on mugging frequency. People with gold/silver coins likely got mugged at the same rate. well your implication then is that the gold/silver coin robbers kept focusing on those carrying gold/silver, and a whole new set of honest folk started stealing only fiat from people, which is likely untrue. I'd suggest crypto is similar - present-criminals are probably still being criminal and perhaps a small number of people saw some opportunity to become a criminal, but I'd suggest that it doesn't `enable [...] the worst actors and the worst humans around.` any more than fiat currency, electricity, the internet, etc etc etc etc do

by sub7 5y ago

herbst 5y ago

Even if this is true in your POV this does not mean this is true for anyone. I saved thousands of dollars in banking fees by using crypto as means for transactions and speculation. The main food delivery as well as the main amazon competitor in my country both accept Bitcoin, Monero, Ethereum, Tron ... i (and the seller) save transaction fees each time i pay with crypto. Over eastern i run out of money because i forgot that the whole banking is literally shut down for 5 days. I mean what the fuck is this in 2021? Whatever you argue the tech is worthless. It was about time to we have an international, kinda unregulated but transparent way to own and move money.

h0h0h0h0111 5y ago

>There have been 0 real world applications for this tech in 8 years Geez, I mean that's simply not true so I don't know what to say to you. Granted, applications are not as wide-ranging as the moon-lambo squad might have you believe, but there are plenty of people using blockchain in production, and plenty more using related tech/concepts (like the ones I detailed). >Also disagree that fiat had any effect on mugging frequency. People with gold/silver coins likely got mugged at the same rate. well your implication then is that the gold/silver coin robbers kept focusing on those carrying gold/silver, and a whole new set of honest folk started stealing only fiat from people, which is likely untrue. I'd suggest crypto is similar - present-criminals are probably still being criminal and perhaps a small number of people saw some opportunity to become a criminal, but I'd suggest that it doesn't `enable [...] the worst actors and the worst humans around.` any more than fiat currency, electricity, the internet, etc etc etc etc do