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I think it's fairly natural to want to see where your money is going. Blockchain currency is an interesting idea but ultimately hamstrung by speculative invest
by oliwarner 5y ago
I think it's fairly natural to want to see where your money is going.
Blockchain currency is an interesting idea but ultimately hamstrung by speculative investment making its value float around wildly and makes transactions prohibitively expensive. It's absolutely clear that it enables an entire industry of online crime as well as money laundering. Oh and demand for POW currency is destroying the planet and contributing to a 2y graphics card shortage.
NFTs are mental. Paying rare art prices for some bits saying you're the owner of something at a single registry? Haha. Good one.
Blockchain in the broader sense is often yet another bullshit buzzword we've had to wade through in client demands, job postings, product specs. Distributed ledgers are rarely the right technology for... Yeah.
HN's tone on Blockchain is entirely appropriate.