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I think the NIST flowchart helps explain the use cases well https://twitter.com/sweis/status/1049047164117078016 https://twitter.com/sweis/status/1049047164117
by cheeze 5y ago
I think the NIST flowchart helps explain the use cases well
https://twitter.com/sweis/status/1049047164117078016 https://twitter.com/sweis/status/1049047164117078016
IMO the main use case is a decentralized currency that isn't centralized by any specific government (but may be, given enough power). Also things like escrow in a 0 trust system are possible.
That being said, like everything, there are _massive_ tradeoffs to this. Almost nobody actually needs this. IMO buying and selling drugs on the internet was one of few actual use cases, whther "right" or not.