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How far we've come from HN shouting blockchain has no usecase
by hanniabu 1y ago
How far we've come from HN shouting blockchain has no usecase
- pixxel 1y ago[dead]
- abxyz 1y agoWhat exactly are blockchains being used for in the real world? Specific to this story: most of the world has instant payments without using blockchains or stablecoins, it’s only the U.S. where the banking system somehow hasn’t realised they can do instant payments using traditional banking technology. Anyone posting that they’re skeptical about the use cases for blockchains on HN 10 years ago will have the same skepticism now. Nothing has changed.
- ETH_start 1y agoStablecoins are widely used for international remittance, and for gaining exposure to the USD in countries with weak currencies.
- sebstefan 1y ago>Banks see an opportunity for stablecoins to speed up more routine transactions, such as cross-border payments that can take days in the traditional payments system Nothing that crypto is needed for
- specialist 1y agoBlockchain (shared tamper-evident ledgers) has many, many use cases. Cryptocurrency has just one.
- smeej 1y agoAsk the U.S. how important it is to be the world's default currency before you go ignoring the value of getting that one thing right.
- sfblah 1y agoExamples of blockchain use cases?
- constantcrying 1y agoCan you name a concrete example? I do not count money, as crypt is technically inferior to non-blockchain based digital currencies.
- hocuspocus 1y agoA permissioned stablecoin run by big tradfi players is by definition not a blockchain.