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The difference is that crypto (blockchain) didn't solve any problems that a majority, or even significant part, of people actually have. It allows tracking owne
by reichstein 3y ago
The difference is that crypto (blockchain) didn't solve any problems that a majority, or even significant part, of people actually have.
It allows tracking ownership of digital assets in a distributed way, but it does so in an overly complicated way, intermixed with minting new coins, which only makes sense for the actual Bitcoin-type currencies.
Any company who creates digital assets, say games, wants to be in complete control. Being distributed isn't a benefit.
Moving around money anonymously has been largely used for crime. Sure, there are other users, but not enough.
And the speculation and manipulation of blockchain currency rates had made them so volatile that they are not really usable as currency.
AI (or whatever will end up calling it, machine learning is better than AI) can actually solve problems, or ease everyday tasks, for everybody. It's not a matter of who'll use it, it's what it'll be used for the most.
- papichulo2023 3y agoNot to mention that the decentralisation didnt really work out. Most own them through centralised wallets