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I disagree with the comment you're responding to. Please be more aggressive about dismissing crypto and blockchains as a fraud. It's actually shameful how reluc
by only_human 4y ago
I disagree with the comment you're responding to. Please be more aggressive about dismissing crypto and blockchains as a fraud. It's actually shameful how reluctant some engineers are to do this. This isn't just about using them as a currency. They're bad at literally everything else too. There are no actual niche use cases. More software engineers need to be honest and up front about this before the scams continue. The irrational levels of hype must end. Crypto and blockchains are actually just completely useless. It's been 13 years and still every single person I've ever seen who says they're useful can't name a single actual use case that you can't do better with just a normal database. Even you're getting sucked into this trap.
Like, I get people's reluctance to seem biased, but how long are we going to let this charade continue? How long before we can say enough is enough? "Enterprise blockchain" is a marketing buzzword. Nobody actually wants them except to tick a box on a checklist. They never gained any real traction, because they're useless. They have to be managed by a centralized admin anyway, so what's the point? There just isn't one. Part of this is intentional confusion on the part of promoters, people labeling anything that uses paxos or merkle trees as "blockchain" for marketing reasons, but I hope people also start pushing back against that for what they are: obvious attempts to cash in on the crypto hype by using the word blockchain.