Earlier quoted context omitted.
When the Internet was 10 years old the year was 1987.
But Al Gore didn't even take office until 1992.
Al Gore was first elected to congress in 1977.
I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
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Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#72I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.
> only thing it has enabled so far is risky, unregulated investment strategies
Did you miss 2008, shitty CDOs?
> and an staggering amount of crime
How has BTC enabled crime more than cash?
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#73I kinda question the scientific methodology of "take the first N Google results". Not only for obvious reasons, but also for the reason that a lot of infrastructural projects that have a lot of real world effects are not routinely discussed in the press (because they are extremely boring to everybody but specialists, also because nobody but the specialists knows they exist, or understands how they work) and thus woul…
> first of all, on a decentralized blockchain you can not really censor a transaction This is not true. Even though blockchain is decentralized there could be a single chain/few chains of truth if you want to convert it to real money. And that chain could only be the one that would be approved by coinbase, bitfinex etc. If they want to censor an address they simply could stop accepting those transactions, and then mi…
Well, yes, technically you are right - if the majority of the miners agreed to "censor" a specific transaction, then it would be censored. But that's not what the article claimed - Chainalysis, or any company like that, certainly wouldn't have power to command the majority of miners to do that. If there's a reasonable valid reason - such as a bug in the software - then you'd expect the majority of miners to accept that. If somebody like Coinbase would be able to control the majority of miners, then yes, they'd also would gain the ability to censor transactions. But I don't see any sign of that actually happening.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#74Earlier quoted context omitted.
We’re out hiring right now and it’s shocking how many people have a career filled totally with dodgy cryptocurrency nonsense. Loads of designers and developers have most of their experience in platforms that seem to have no utility beyond scams, gambling, and MLMs. There certainly is a massive amount of wasted talent here.
What do you think is wrong with gambling?
It doesn't provide any value for society. Maybe a bit of entertainment, along with destroying some people's lives (problem gamblers). It basically just syphons away money from individuals to corporations while not providing much in return.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#75It would be nice to read an article on blockchain projects that are actually used in the real world and have real impact on human life. Assuming such projects exist. By now, most people have a healthy skepticism of blockchain projects. All that said, kudos to the author for spending a good amount of time looking into these projects.
my wife's work does mediocre games with "nft gear" that can be re-sold on some kind of marketplace
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#76The primary purpose of blockchains is to prevent a central authority of regulating a currency, anything beyond it is hype. You're discarding the technology as whole without taking into regard its original intent.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#77I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.
I agree except "an staggering amount of crime". This has been studied a lot and there is no clear evidence of more crime than normal occurring just because of bitcoin
Bitcoin has made it drastically easier to monetize a system once it’s been compromised
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#78I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.
It’s interesting giving attribution of crime to Bitcoin and not the internet or hackers. The internet has facilitated a staggering amount of crime as well as the fiat currencies of the globe.
Let’s suppose this 14billion dollar number of Bitcoin crime is right … https://www.coindesk.com/tech/2022/01/06/crypto-crime-hit-an...
Global credit card fraud hit 32billion in 2021 - https://chargebacks911.com/credit-card-fraud-statistics/
And that’s just credit cards. It’s not wire fraud or other fraud.
Why do you focus on the mode of criminality and not the crime or criminals itself?
I’ll give you that Bitcoin like ALL the other value transfer mechanisms has some criminals using it but surely you aren’t suggesting Bitcoin is worthless and only provides a mechanism for crime.
As for investment risk. Check Netflix stock ytd or for that matter Enron. Or the entire bank crisis of 2008. Is Bitcoin really deserving of this much attention?
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#79I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.
I agree except "an staggering amount of crime". This has been studied a lot and there is no clear evidence of more crime than normal occurring just because of bitcoin
Sounds pretty staggering,
Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency
https://www.justice.gov/opa/pr/two-arrested-alleged-conspira...
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#80I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.
When the Internet was 10 years old the year was 1987.
Having heard this argument a nauseating number of times, it's fairly clear that people on both sides who say this use "the internet" when they mean "the web." So 1999 is a better "after 10 years'" benchmark here.