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It isn't up to skeptics and critics to prove "blockchain technology" doesn't have any real value (or that it's not particularly innovative). It's up to the bloc
by gregjor 5y ago
It isn't up to skeptics and critics to prove "blockchain technology" doesn't have any real value (or that it's not particularly innovative). It's up to the blockchain proponents or "community" to deliver value. Just calling something revolutionary and useful doesn't make it so. More than a decade after "blockchain" became a thing we have yet to see any value other than crypto, and the value from crypto is mainly in illegal financial transactions and fraud.
If distributed, decentralized, append-only databases have wider applications (outside of crypto), what are those applications? When will we see the disruption?
David Gerard showed that blockchain is wearing no clothes in Attack of the 50-foot Blockchain and nothing has happened since he published that book to make me think he was wrong.
- viscanti 5y ago> It isn't up to skeptics and critics to prove "blockchain technology" doesn't have any real value The author isn't claiming they're skeptical. They're claiming it's a ponzi. The burden of proof is on them to demonstrate their claim has merit. They can't fall back on saying they're just skeptical. That's not what they're arguing.