6 ms·

Maybe Bitcoin doesn't, but as for the rest of the ecosystem, the gentleman author seems to have little idea of what he is taking about.

School-Cotton 5y ago
As far as I know, no blockchain has ever proven useful for any purpose other than illegal money transfers. Do you have any counterexamples?
- sanxiyn 5y ago
  https://satoshidice.com/fair https://satoshidice.com/fair
  - crooked-v 5y ago
    An unregulated betting platform sounds like illegal money transfers to me.
    - sanxiyn 5y ago
      Betting is not just money transfer, it's something more.
      - loeg 5y ago
        Illegal gambling?
  - School-Cotton 5y ago
    Online casinos predate Bitcoin.
    - ur-whale 5y ago
      > Online casinos predate Bitcoin. You missed the "provably fair" part.
- sanxiyn 5y ago
  https://qz.com/1260191/metoo-activists-in-china-are-turning-to-the-blockchain-to-dodge-censorship/ https://qz.com/1260191/metoo-activists-in-china-are-turning-...
- yownie 5y ago
  bitrefill.com
- kipchak 5y ago
  Filechain might be worth a look, distributed storage to allow people to rent out unused storage capacity in exchange for coins and based in IPFS which isn't blockchain but is neat. Or Internet Computer, which is more or less a blockchain equivalent of the internet allowing you to for example host a website on it versus say AWS or GoDaddy, which has some potentially very positive benefits for data security and users being able to manage their own data as practical benefits. https://messari.io/article/an-introduction-to-dfinity-and-the-internet-computer https://messari.io/article/an-introduction-to-dfinity-and-th...
  - rapsey 5y ago
    Everything you listed is useless. Slow, hard to use and limited in functionality.
    - chaxor 5y ago
      Data is useless to you? I think you're just showing how much you're unwilling to attempt to stray from the religion of anti-crypto. I'm not really a big fan of crypto, but you do have to admit that some of the projects would do some good for the world when they catch on. I would love to have an easy system to distribute ML models and databases for projects without having to pay AWS fees for example.
      - rapsey 5y ago
        What data? We are talking about projects and those projects are useless. > but you do have to admit that some of the projects would do some good for the world when they catch on. The will not catch on because they are useless for real world use. The most cost efficient way to do processing or data storage is within someones datacenter. > I would love to have an easy system to distribute ML models and databases for projects without having to pay AWS fees for example. I would love a free meal as well. It does not make sense for me to expect free lunches though.
        chaxor 5y ago
- ur-whale 5y ago
  > Do you have any counterexamples? There's an entire blockchain-based industry being built in the gaming space as we speak, to allow player to trade NFT's (unique items in games). There are many more. > other than illegal money transfers To address your point more directly: depending on the regime you live under, illegal money transfers are a life-saving device, so just that use case makes Bitcoin worth it.

School-Cotton 5y ago

As far as I know, no blockchain has ever proven useful for any purpose other than illegal money transfers. Do you have any counterexamples?

sanxiyn 5y ago
https://satoshidice.com/fair https://satoshidice.com/fair
- crooked-v 5y ago
  An unregulated betting platform sounds like illegal money transfers to me.
  - sanxiyn 5y ago
    Betting is not just money transfer, it's something more.
    - loeg 5y ago
      Illegal gambling?
- School-Cotton 5y ago
  Online casinos predate Bitcoin.
  - ur-whale 5y ago
    > Online casinos predate Bitcoin. You missed the "provably fair" part.
sanxiyn 5y ago
https://qz.com/1260191/metoo-activists-in-china-are-turning-to-the-blockchain-to-dodge-censorship/ https://qz.com/1260191/metoo-activists-in-china-are-turning-...
yownie 5y ago
bitrefill.com
kipchak 5y ago
Filechain might be worth a look, distributed storage to allow people to rent out unused storage capacity in exchange for coins and based in IPFS which isn't blockchain but is neat. Or Internet Computer, which is more or less a blockchain equivalent of the internet allowing you to for example host a website on it versus say AWS or GoDaddy, which has some potentially very positive benefits for data security and users being able to manage their own data as practical benefits. https://messari.io/article/an-introduction-to-dfinity-and-the-internet-computer https://messari.io/article/an-introduction-to-dfinity-and-th...
- rapsey 5y ago
  Everything you listed is useless. Slow, hard to use and limited in functionality.
  - chaxor 5y ago
    Data is useless to you? I think you're just showing how much you're unwilling to attempt to stray from the religion of anti-crypto. I'm not really a big fan of crypto, but you do have to admit that some of the projects would do some good for the world when they catch on. I would love to have an easy system to distribute ML models and databases for projects without having to pay AWS fees for example.
    - rapsey 5y ago
      What data? We are talking about projects and those projects are useless. > but you do have to admit that some of the projects would do some good for the world when they catch on. The will not catch on because they are useless for real world use. The most cost efficient way to do processing or data storage is within someones datacenter. > I would love to have an easy system to distribute ML models and databases for projects without having to pay AWS fees for example. I would love a free meal as well. It does not make sense for me to expect free lunches though.
      - chaxor 5y ago
ur-whale 5y ago
> Do you have any counterexamples? There's an entire blockchain-based industry being built in the gaming space as we speak, to allow player to trade NFT's (unique items in games). There are many more. > other than illegal money transfers To address your point more directly: depending on the regime you live under, illegal money transfers are a life-saving device, so just that use case makes Bitcoin worth it.