Storj for storage and Zcash/XMR for privacy made valid improvements.
I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
81–90 of 359 posts
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#82I 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.
…and it was clearly adding value all over the place.
It wasn’t on the growth curve post-1992, but its value for technology companies and universities was not even a question.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#83I 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
Why did ransomware explode after Bitcoin came along? Why is it (and Eth) the payment method everyone asks for?
Because it’s far far easier to use for ransomware and to hide your trail than any traditional bank transaction or money transfer.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#84Earlier quoted context omitted.
Would you be so kind as to cherry-pick a few successful "real world" Blockchain projects then?
There are a lot of successful blockchain projects that respond to various use cases. On top of my head: - Uncensorable money: og bitcoin and pretty much everything else - Uncensorable money + privacy: monero, tornado.cash, etc. - Decentralized exchanges/automated market makers: curve.fi, uniswap, etc. - Prediction markets: polymarket etc. EDIT: looks like omen and augur are dead
Both Omen and Augur appear to be dead. Omen isn't online, Augur isn't available on the US but their email signup is broken and they haven't posted on social media in a year.
"Company is a fucking joke. I invested upon launch and there's still nothing usable after half a decade. Been seeing the same "roadmaps" for 5+ years. Company raises hundreds of millions and can't manage to launch a simple UX for prediction markets lmfao..."
https://www.reddit.com/r/Augur/comments/mvsyf8/comment/gyu4s...
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#85I 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'm not sure the "8 million adults — who made online payments to friends or family in other countries used at least one kind of cryptocurrency" would agree with you. [0]
[0] https://www.pymnts.com/news/cross-border-commerce/cross-bord...
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#86I 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'm as skeptical of Bitcoin as anyone, but this is not a very good argument. You'd come to the same conclusion if you evaluated the state of aviation in 1900 or photography in 1820. Even the Internet was useless to the average person in 1982 (13 years in).
None of those cases, however, had anywhere near as much money put into them that early. It may be that, if blockchain technologies had grown in size much, much slower, that good uses would have been found. Regardless, once this much real money (and the resources of electricity, labor, technical expertise, etc. that they represent) have been invested into something, something impressive should have resulted by now.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#87Earlier quoted context omitted.
What country do you live in? Because I know plenty of folks in certain countries with massive inflation and projects such as bitcoin are their refuge from 100-1000% inflation a year. When you say “in 10 years” when did that 10 year time frame start and end? Are talking about the 1960s or the 1990s? Because most people I knew didn’t start using the internet regularly until the mid to late 90s or about 30 or so years a…
I hear this a lot. I want details: - Which countries? - What portion of the population are benefiting from crypto? Is it a tiny portion of nerds or has it become more mainstream now? - With the crash in cryptocurrency over the last few months are these people in those countries still glad that they used this, or are they regretting it? I don't doubt that there exist individuals in countries with high inflation who ha…
El Salvador uses it as a government enforced national currency. I struggle to understand how people still make the claim that it's useless or that it's niche - it's a recognized and enforced national currency now, not some neat project.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#88I 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.
In 10 years for internet means the 1970s. At that time, vast majority of people had no idea such thing existed, and only a few of early researchers used it. For common people, adding value started around the early 90s, when the first commercial ISPs appeared. So, that's about 30 years of initial ramp-up. Let's see where the bitcoin will be in another 20 years. Noting that we already have commercial companies dealing with it - so if anything, the adoption is moving much faster.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#89I 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?
It’s very hard to ransom a US hospital or school district from Eastern Europe (or wherever) and get paid in cash.
It’s trivial to be paid in BTC.
Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To
#90Earlier quoted context omitted.
What country do you live in? Because I know plenty of folks in certain countries with massive inflation and projects such as bitcoin are their refuge from 100-1000% inflation a year. When you say “in 10 years” when did that 10 year time frame start and end? Are talking about the 1960s or the 1990s? Because most people I knew didn’t start using the internet regularly until the mid to late 90s or about 30 or so years a…
Could have had similar effect by holding any other currency that isn’t equally hyper inflating. Like the USD
You obviously have never suffered in a country with stringent exchange controls.