8 ms·

> But all those ideas solve real problems too. All of them, except for blockchain. That one can go die on the trash heap of history.

antris 4y ago
Well, it's a good tool for money laundering and purchasing drugs.
- commandlinefan 4y ago
  That's not fair, it makes a great Ponzi scheme, too.
- deleted 4y ago
  [deleted]
- ryanjkirk 4y ago
  It's not.
  - thebean11 4y ago
    How many "darknet markets" accept anything else these days? What's the alternative, cash in the mail? Venmo?
- xpe 4y ago
  Keeping a permanent log for one's illegal activities seems... suboptimal.
rvz 4y ago
> That one can go die on the trash heap of history. As long as there are Rust jobs or blockchain related jobs there, you're going to have to cope and wait for a very very long time until that is ever going to 'die on the trash heap of history' to happen.
- dimgl 4y ago
  I'm not sure you realize just how quickly that can all go away (and does). Blockchain companies are a dime a dozen. They don't all last forever.
  - rvz 4y ago
    > I'm not sure you realize just how quickly that can all go away (and does). So why hasn't it died quicker than it should have years ago as many have incorrectly predicted then? > Blockchain companies are a dime a dozen. They don't all last forever. And who said that the 'companies' did last forever? Why do you think I said as long as? I'm just wondering if the whole thing is guaranteed to totally go away 100% and to be absolutely used by no-one since clearly someone also thinks so. That is my question.
whimsicalism 4y ago
Access to the dollar is a real problem. Stablecoins help resolve that. I am not a crypto stan but it has at least one usage. e: Sorry, forgot it was verboten to say anything contrary to the "crypto has no uses whatsoever" line.
Volrath89 4y ago
It’s a good store of value. Like gold used to be. As a currency I’m not sure it will ever work.
10amxn10 4y ago
eric_cc 4y ago
I'll never understand the bitter hatred toward blockchain at hackernews. Are you guys just mad you knew about bitcoin when it first started but didn't get any? You can't possibly truly believe blockchain solves zero problems can you?
- philipov 4y ago
  I know blockchain enthusiasts claim that it solves some problems, but in reality it fails to solve them because they are not fundamentally tech problems. You could think of it as a performance art documentary of a group of people learning to recreate the world's financial regulations in a bottle, but the price of admission is a trail of fraud victims. Furthermore, it is wasting the world's energy supplies, and eating up our attempts to move to renewable resources.
  - eric_cc 4y ago
    Blockchain itself solves trust problems. Decentralized database/ledger solves issues where trust matters. As for bitcoin itself, which I assume the latter part of your comment is talking about: It’s predictable trustless money. It’s not perfect. But where you totally Lose me is: > it is wasting the world's energy supplies This is the latest POLITICAL attack vector. When you parrot messages like this, you expose yourself as a political victim that is not educated about the topic. Literal parrot. If you have an interest beyond being a political foot soldier, do your own OBJECTIVE research. Learn about bitcoin miners using renewables, how much energy the industry actually uses, the carbon footprint of payment networks and fiat etc. It’s an effective political attack vector because in all likeliness you won’t do your homework. You’ll read my comment, experience cognitive dissonance, judge me as a bitcoin cultist, and move on with your busy life.
    - philipov 4y ago
      If you will point me to sources on those numbers you consider reliable, I'll take a look at them.

antris 4y ago

Well, it's a good tool for money laundering and purchasing drugs.

commandlinefan 4y ago
That's not fair, it makes a great Ponzi scheme, too.
deleted 4y ago
[deleted]
ryanjkirk 4y ago
It's not.
- thebean11 4y ago
  How many "darknet markets" accept anything else these days? What's the alternative, cash in the mail? Venmo?
xpe 4y ago
Keeping a permanent log for one's illegal activities seems... suboptimal.

rvz 4y ago

> That one can go die on the trash heap of history. As long as there are Rust jobs or blockchain related jobs there, you're going to have to cope and wait for a very very long time until that is ever going to 'die on the trash heap of history' to happen.

dimgl 4y ago
I'm not sure you realize just how quickly that can all go away (and does). Blockchain companies are a dime a dozen. They don't all last forever.
- rvz 4y ago
  > I'm not sure you realize just how quickly that can all go away (and does). So why hasn't it died quicker than it should have years ago as many have incorrectly predicted then? > Blockchain companies are a dime a dozen. They don't all last forever. And who said that the 'companies' did last forever? Why do you think I said as long as? I'm just wondering if the whole thing is guaranteed to totally go away 100% and to be absolutely used by no-one since clearly someone also thinks so. That is my question.

whimsicalism 4y ago

Access to the dollar is a real problem. Stablecoins help resolve that. I am not a crypto stan but it has at least one usage. e: Sorry, forgot it was verboten to say anything contrary to the "crypto has no uses whatsoever" line.

Volrath89 4y ago

It’s a good store of value. Like gold used to be. As a currency I’m not sure it will ever work.

10amxn10 4y ago

eric_cc 4y ago

I'll never understand the bitter hatred toward blockchain at hackernews. Are you guys just mad you knew about bitcoin when it first started but didn't get any? You can't possibly truly believe blockchain solves zero problems can you?

philipov 4y ago
I know blockchain enthusiasts claim that it solves some problems, but in reality it fails to solve them because they are not fundamentally tech problems. You could think of it as a performance art documentary of a group of people learning to recreate the world's financial regulations in a bottle, but the price of admission is a trail of fraud victims. Furthermore, it is wasting the world's energy supplies, and eating up our attempts to move to renewable resources.
- eric_cc 4y ago
  Blockchain itself solves trust problems. Decentralized database/ledger solves issues where trust matters. As for bitcoin itself, which I assume the latter part of your comment is talking about: It’s predictable trustless money. It’s not perfect. But where you totally Lose me is: > it is wasting the world's energy supplies This is the latest POLITICAL attack vector. When you parrot messages like this, you expose yourself as a political victim that is not educated about the topic. Literal parrot. If you have an interest beyond being a political foot soldier, do your own OBJECTIVE research. Learn about bitcoin miners using renewables, how much energy the industry actually uses, the carbon footprint of payment networks and fiat etc. It’s an effective political attack vector because in all likeliness you won’t do your homework. You’ll read my comment, experience cognitive dissonance, judge me as a bitcoin cultist, and move on with your busy life.
  - philipov 4y ago
    If you will point me to sources on those numbers you consider reliable, I'll take a look at them.