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> There are no real uses of blockchain technology today that aren’t a variation on financial speculation (aka gambling) and illicit activity. This gets repeate
by maxisrelaxed 4y ago
> There are no real uses of blockchain technology today that aren’t a variation on financial speculation (aka gambling) and illicit activity.
This gets repeated a lot, and it's simply not true. It's a telltale sign that there's simply too much emotion in the arguments around blockchain - any post about tor and bittorrent doesn't receive nearly as many (if any) "but it's only for criminals" comments.
Being able to own and trade a digital asset in much the same way a physical asset is traded is potentially a huge use for blockchains. Large players aren't about to model ownership of the digital goods they sell as items on a blockchain, but it's a big opportunity for smaller players.
- CPLX 4y agoIt’s not just criminals it’s gambling. That’s why people buy “digital goods”, in hopes they’ll sell for more than they paid.