3 ms·
It's always the same problem: this technology is not recognized by any country, which makes it completely pointless. Just like bitcoin: no country will attempt
by jokoon 5y ago
It's always the same problem: this technology is not recognized by any country, which makes it completely pointless. Just like bitcoin: no country will attempt to prevent your coins from being stolen, and no country will attempt to regulate bitcoin to avoid volatility.
It's weird how technologists build things without ever researching the philosophical concepts understood by humans, not just machines and algorithms.
That's the real dystopia: when technology is not understood by humans, it becomes useless. The success of computing was about making computers usable by non programmer. I guess the new trend is programmers trying to scam non-programmers.
- bombcar 5y agoThe problem is deeper - even IF a country wanted to and successfully used a blockchain to store information on, say, property deeds, it would EITHER have to have no recourse in case of any fraud, theft, or abuse OR it would just be a centralized managed database. IF there is a mechanism for someone (or someones) to certify changing or reissuing a token in case of the death of the holder (the passphrase dies with him but the land continues to exist) THEN that same mechanism can be used or abused by the authority to do other transfers and reissues.