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>If the whole series of payments and services are on the blockchain, you could build a system that is reasonably secured against these types of situations. I'm
by castlecrasher2 5y ago
>If the whole series of payments and services are on the blockchain, you could build a system that is reasonably secured against these types of situations.
I'm not intending to be snarky here, but statements like these remind me of the phrase "the devil you know is better than the devil you don't."
I have yet to see blockchain provide any tangible value, and in my opinion any future possibilities proposed like from this comment chain will almost certainly be plagued by similar (if not worse) issues.
- dntrkv 5y ago>I have yet to see blockchain provide any tangible value What do you define as tangible value? I'm not a crypto bro, but I can see the potential in blockchain, specifically the building blocks nature of smart contracts. A global, decentralized, API that runs on its own "currency" and anyone can interact and build upon, that sounds pretty valuable to me.
- castlecrasher2 5y agoI've put a lot of thought into it and have come to the conclusion that I and I'd guess many others would prefer a system that can be adjusted as needed by people and the legal system. For context, I don't have a very high opinion of people or the legal system, either.