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I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

weh.wtf

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Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#181

Post by tresqotheq »

simonw wrote: post #37
Fargoan wrote: post #27

Earlier quoted context omitted.

What do you think is wrong with gambling?

It takes advantage of people who have a common mental disorder. https://en.wikipedia.org/wiki/Problem_gambling

So does the ads, google, government machinery etc. They take advantage of people's common "mental disorder" (I say "mental disorder" because it is still a weakness even if it is present in a lot of people, which I take as the assumption made in your comment as well) such as very limted attention span, lack of long term memory and vulnerability to distraction..

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#182

Post by influxmoment »

jjulius wrote: post #33
influxmoment wrote: post #19

Earlier quoted context omitted.

This is wrong. Blockchains validate data. Their purpose isn't to store it. Mostly the answer to do you need a blockchain is no

>This is wrong. Okay. >Mostly the answer to do you need a blockchain is no. But... that's the same thing that the wrong chart says...

Sure. But it's interesting how little information about the tech is accurate

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#183

Post by influxmoment »

MBCook wrote: post #148
influxmoment wrote: post #61

Earlier quoted context omitted.

That's Ethereum. Largely was consider a bad ideas because it's too large to independently validate

You’re right. 324 GB is far more manageable. Their point is totally invalid.

Agreed. 324GB and this level of growth is manageable and can be done with a raspberry pi and an ssd

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#185

Post by turzmo »

jonas21 wrote: post #70
rzwitserloot wrote: post #38

I 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).

Actually, I don't think that's true. The military was using planes within a decade of 1900, and certainly a decade after the Kitty Hawk flight, they were installing machine guns on planes. They were proposing international legislation to limit the uses of aircraft in war because everyone saw how impactful it was going to be.

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#186

Post by acdha »

dfabulich wrote: post #67
Taek wrote: post #46

Earlier quoted context omitted.

When the Internet was 10 years old the year was 1987.

In 1987, Usenet and email were already pretty great. (And that was all before the web!)

Also things like FTP and telnet had many applications, too. My grandfather is an electrical engineer and he talked about how cool it was that the company he worked for got online in the 1980s because it allowed them to get things like Fortran compiler updates or numerical libraries without having to wait for them to be shipped on floppies. My uncle used online services for his food industry business, stock trading, etc. then too.

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#187

Post by rabf »

jonas21 wrote: post #70
rzwitserloot wrote: post #38

I 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).

I love this interview where David Bowie tries to convince Jeremy Paxman of the value of the internet in 1999!

https://www.youtube.com/watch?v=FiK7s_0tGsg

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#188

Post by lumost »

douglaswlance wrote: post #109
Mr_P wrote: post #92

Earlier quoted context omitted.

What a convenient source of liquidity for the various drug cartels in El Salvador who need to launder their money.

Why would they use a public, transparent ledger to launder money?

Lower counterparty risk, and harder to confiscate. Money can sit in a crypto wallet and be used for illicit transactions until favorable circumstances allow conversion out of btc. You can’t do that with cash in a bank.

With the amount of shady alt coins and defunct btc exchanges separating authentic vs bogus transactions is even tougher for regulators.

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#190

Post by tremarley »

Group_B wrote: post #152
tremarley wrote: post #138

Earlier quoted context omitted.

Bitcoin and crypto has an immediate, obvious value that was previously held back by technology. Similar to the rest of the examples you've listed. We live in an age where we are forced to own nothing and be happy. Bitcoin, Blockchain and crypto solves this.

Crypto does not bypass in any way the ability for a company to charge me a subscription instead of offering me an option to buy something outright.

If you keep money in the bank. You don't own it, the bank does. You need permission to access it and are limited on what you are allowed to use it for.

If you keep cash or gold in a safe place. You are only allowed to keep a certain amount. It can be seized at will.

Your will that declares what assets go to your children. The deed to your home. The lease for your car. Certificates. Art. Tickets. Contracts. Money.

We do not own any of these things without the requirement of having to trust a person, a comp ay or a government.

Blockchain technology allows us to own anything that can be documented on a ledger. Indefinitely. Trustlessly.

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