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So you would assert that the use of centralized relational databases would would not reduce the cost and complexity of enforcing property rights, in comparison

So you would assert that the use of centralized relational databases would would not reduce the cost and complexity of enforcing property rights, in comparison to the use of paper records? A database cannot do anything?

dmitriid 4y ago
> So you would assert that the use of centralized relational databases would would not reduce the cost and complexity of enforcing property rights, in comparison to the use of paper records? 1. No, I wouldn't assert that 2. It depends entirely on implementation (there are numerous examples around the world where transferring paper records to digital records mad a lot of things less efficient due to bad implementations) 3. You have to show that blockchain as a store of record is significantly better than a traditional relational database (given e.g. https://news.ycombinator.com/item?id=33691566 https://news.ycombinator.com/item?id=33691566 and other like https://news.ycombinator.com/item?id=33688603 https://news.ycombinator.com/item?id=33688603 and other issues that you dismiss or ignore)