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Blockchain, the Solution for Almost Nothing

thecorrespondent.com

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Re: Blockchain, the Solution for Almost Nothing

#6
It's the evolution of buzzwords. Back in the day people used buzzwords that were nonspecific enough you could apply them to almost any solution. Synergy, paradigm, leverage, etc. Today's buzzwords have very specific meanings but are flexible enough you can convince people they're the solution to any problem. Blockchain, AI, machine learning, etc.

Re: Blockchain, the Solution for Almost Nothing

#9
Ctrl+F proof of stake. Author didn’t do much homework. Just retreading the same criticisms about energy consumption and this-could-just-be-a-postgres-db-hosted-on-cloud-megacorp.

Crypto is a bubble but it’s also a space solving difficult problems that will shape how the world transacts. It’s volatile because it’s difficult and hard to understand, but that doesn’t mean there’s no value.

Re: Blockchain, the Solution for Almost Nothing

#10
The 402 response code in HTTP might be a useful thing to "hook up" to Lightning, which itself is useful because of the Bitcoin blockchain.

Having fast micropayments payments running on data requests is useful for a wide variety of cloud applications, including but not limited to data transfer costs and queries to machine learning models, all without the need for "users" on the systems being accessed.

The way I'd put it is that the killer use case for Bitcoin is yet to come, which doesn't make it a solution for nothing, but more like a solution before its time.

https://developer.mozilla.org/en-US/docs/Web/HTTP/Status/402

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