7 ms·
I won't presume to know if there's a real use case for #1 -- I agree that a centralized blockchain likely makes little sense, especially in this moment in time.
by d0gbread 5y ago
I won't presume to know if there's a real use case for #1 -- I agree that a centralized blockchain likely makes little sense, especially in this moment in time. But I would absolutely not be shocked if there is a use-case for "a database with bad performance" that's governed by one, or a group of, entities. A way to maintain transparency, vote on improvements, etc but only within, say, automotive, or whatever. There are only going to be growing use cases for data, ownership, privacy, and transparency use cases.
For #2, I think you're missing the point but apologize if you're not. However, I didn't say, and very few are saying, that blockchain sidesteps government and regulation. What I and many others are saying is that it sidesteps the additional layer of government that is a business entity. If you want to earn yield on BlockFi or Celsius for example, you are beholden to TOS and decisions in ways that are critically different than engaging similar functionality via a dapp.
My core point is that both can and likely will co-exist, because one is not inherently better than the other; the pros and cons will hit differently depending on the use case.