3 ms·
Right -- many friends are lawyers and they basically say law is a slow grinding gear. So, my naive thought is that any improvement in speed should be a deterren
by anonymouse008 5y ago
Right -- many friends are lawyers and they basically say law is a slow grinding gear. So, my naive thought is that any improvement in speed should be a deterrent for the mischievous.
And thinking out loud, it sounds like if blockchain were used to run financial operations for a company, we could make the infamous audits for Luckin Coffee's and GSX's a thing of the past. Or at least after one mistake (the LC coupon issue was an interesting hack to avoid detection), update the contract, then all future instances are robust to the same issues.
GAAP Rules and Arm's Length Transactions could be factually monitored too... interesting
- keymone 5y agoi'm not saying there will never be a valid use case for blockchain beyond bitcoin, i'm just skeptical about the hype of recent years where it's applied left and right to everything. so far all the use cases i've heard of could be replaced with a centralized database maintained by a consortium of interested parties.