3 ms·

This is a poorly informed comment. The main reason title transfer requires a lawyer is that the lawyer checks the legal requirements of the title itself. Not

by TimPC 4y ago

This is a poorly informed comment. The main reason title transfer requires a lawyer is that the lawyer checks the legal requirements of the title itself. Not having a title search you may find out that the property was once owned by two people not one, and that the deceased has descendants who can make a claim for ownership in addition to the wife who's selling the property. You'd be very foolish to eliminate legal checks from the process as you may end up with property you don't entirely own because of unresolved claims against it.

the_snooze 4y ago
Blockchain maximalists make the same mistake over and over again, to the point that I think they're doing so intentionally: the main problem isn't that we have malicious actors manipulating records, it's that records are incorrect, incomplete, or become stale. Blockchain technology does absolutely nothing to address the real problem.
- tablespoon 4y ago
  > the main problem isn't that we have malicious actors manipulating records, it's that records are incorrect, incomplete, or become stale. Blockchain technology does absolutely nothing to address the real problem. Or they address it in a blindingly stupid way: How do we deal with records that are incorrect, incomplete, or stale? Blockchain maximalists: treat it as authoritative forever without a mechanism for correction!
  - the_snooze 4y ago
    >treat it as authoritative forever without a mechanism for correction! You write to the blockchain that there are 2 ice cubes on your desk. The ice cubes melt and evaporate, as ice cubes do. The blockchain says there are 2 ice cubes on your desk, so that must be truth forever and ever!
    - kuramitropolis 4y ago
      >The blockchain says there are 2 ice cubes on your desk, so someone must've written that to the blockchain at some point in the past. FTFY Or, in other words: you're confusing the map for the territory, therefore everyone else must also be confusing the map for the territory.
  - kuramitropolis 4y ago
    It does seem to be blinding a lot of reasonable people to the fact that an append-only distributed database means you just freaking _append_ the correction. The only thing you lose that way is plausible deniability. It becomes impossible to erase from history the fact that a record was incorrect at some previous point in time. I don't care about the naivety of the proponents and detractors of crypto; but I do worry about their utter lack of imagination.
    - tablespoon 4y ago
      > It does seem to be blinding a lot of reasonable people to the fact that an append-only distributed database means you just freaking _append_ the correction. No, there's more going on there than just how to use an append-only database. To append corrections in most cases you need a process to append that correction that's mostly implemented off chain and involves some kind of authority with the ability to override mistakes, and that directly contradicts the ideological assumptions that are baked into most blockchains and are constantly chanted by blockchain enthusiasts. So either you have a blockchain where corrections are impossible in many necessary circumstances or you have a blockchain that doesn't bring any new valuable capabilities to the table. > The only thing you lose that way is plausible deniability. It becomes impossible to erase from history the fact that a record was incorrect at some previous point in time. And that doesn't solving any problem people actually have (e.g. the we don't have problems county recorder forging records to steal people's homes).
      - kuramitropolis 4y ago
        >To append corrections in most cases you need a process Which can itself be implemented on-chain, using atomic primitives, and become subject to the same transparency and correctness guarantees. >some kind of authority Which is a performance hack for cases where formal correctness is too expensive, such as paper-based bureaucracies, or impossible a priori, such as totalitarian dictatures. >we don't have problems county recorder forging records to steal people's homes You don't. Well, lucky you. >any problem people actually have What about wealth inequality? Not that long ago, in a time when people were supposed to be Too Civilized To Be Doing That Sort Of Thing Any More, my family's property happened to be forcibly nationalized by a totalitarian invasion. Have you lived through the arduous and fraud-ridden process of restitution of nationalized property half a century afterwards, after most records were destroyed? Your people probably weren't out on the streets, starving, when the banks screwed up, either... except maybe for that 2008 thing where some jerks offloaded to some other jerks some formally incorrect financial instruments that also happened to contain 10 million people's houses in them? I'm really glad that you like the world that you live in. It was made so nice for you because some centuries ago some people rolled in and stole a whole bleedin' continent. The rest of us are left to make do with the scraps of that and we could sure use a fairer distribution of those. Beats eating the rich, any day
- deleted 4y ago
  [deleted]

by TimPC 4y ago

the_snooze 4y ago

Blockchain maximalists make the same mistake over and over again, to the point that I think they're doing so intentionally: the main problem isn't that we have malicious actors manipulating records, it's that records are incorrect, incomplete, or become stale. Blockchain technology does absolutely nothing to address the real problem.

tablespoon 4y ago
> the main problem isn't that we have malicious actors manipulating records, it's that records are incorrect, incomplete, or become stale. Blockchain technology does absolutely nothing to address the real problem. Or they address it in a blindingly stupid way: How do we deal with records that are incorrect, incomplete, or stale? Blockchain maximalists: treat it as authoritative forever without a mechanism for correction!
- the_snooze 4y ago
  >treat it as authoritative forever without a mechanism for correction! You write to the blockchain that there are 2 ice cubes on your desk. The ice cubes melt and evaporate, as ice cubes do. The blockchain says there are 2 ice cubes on your desk, so that must be truth forever and ever!
  - kuramitropolis 4y ago
    >The blockchain says there are 2 ice cubes on your desk, so someone must've written that to the blockchain at some point in the past. FTFY Or, in other words: you're confusing the map for the territory, therefore everyone else must also be confusing the map for the territory.
- kuramitropolis 4y ago
  It does seem to be blinding a lot of reasonable people to the fact that an append-only distributed database means you just freaking _append_ the correction. The only thing you lose that way is plausible deniability. It becomes impossible to erase from history the fact that a record was incorrect at some previous point in time. I don't care about the naivety of the proponents and detractors of crypto; but I do worry about their utter lack of imagination.
  - tablespoon 4y ago
    > It does seem to be blinding a lot of reasonable people to the fact that an append-only distributed database means you just freaking _append_ the correction. No, there's more going on there than just how to use an append-only database. To append corrections in most cases you need a process to append that correction that's mostly implemented off chain and involves some kind of authority with the ability to override mistakes, and that directly contradicts the ideological assumptions that are baked into most blockchains and are constantly chanted by blockchain enthusiasts. So either you have a blockchain where corrections are impossible in many necessary circumstances or you have a blockchain that doesn't bring any new valuable capabilities to the table. > The only thing you lose that way is plausible deniability. It becomes impossible to erase from history the fact that a record was incorrect at some previous point in time. And that doesn't solving any problem people actually have (e.g. the we don't have problems county recorder forging records to steal people's homes).
    - kuramitropolis 4y ago
      >To append corrections in most cases you need a process Which can itself be implemented on-chain, using atomic primitives, and become subject to the same transparency and correctness guarantees. >some kind of authority Which is a performance hack for cases where formal correctness is too expensive, such as paper-based bureaucracies, or impossible a priori, such as totalitarian dictatures. >we don't have problems county recorder forging records to steal people's homes You don't. Well, lucky you. >any problem people actually have What about wealth inequality? Not that long ago, in a time when people were supposed to be Too Civilized To Be Doing That Sort Of Thing Any More, my family's property happened to be forcibly nationalized by a totalitarian invasion. Have you lived through the arduous and fraud-ridden process of restitution of nationalized property half a century afterwards, after most records were destroyed? Your people probably weren't out on the streets, starving, when the banks screwed up, either... except maybe for that 2008 thing where some jerks offloaded to some other jerks some formally incorrect financial instruments that also happened to contain 10 million people's houses in them? I'm really glad that you like the world that you live in. It was made so nice for you because some centuries ago some people rolled in and stole a whole bleedin' continent. The rest of us are left to make do with the scraps of that and we could sure use a fairer distribution of those. Beats eating the rich, any day
deleted 4y ago
[deleted]