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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

#291

Post by labrador »

dang wrote: post #260
hnthrow1010 wrote: post #229

Earlier quoted context omitted.

I can't speak for the parent comment but I've had the same problem myself in discussing this. I would actually love to have to stop repeating myself, but the crypto CEOs keep also repeating the same marketing lines over and over again with reckless abandon and then a new group of people reads it and pops up the next day asking the same questions. Sometimes I can even directly map some comments to a series of tweets f…

If both sides are just repeating the same points, then there's no diff, and if there's no diff then it's off topic for this site. Diffs are what's interesting. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...

I suggest we stick to the technical aspects and what ideas people have for using the technology. it rather than veering off into money and fraud, which are highly charged topics. I'm genuinely curious about how this new tech will change things.

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

#292

Post by ww520 »

brians wrote: post #155
ww520 wrote: post #150

Earlier quoted context omitted.

I do see one use of Bitcoin - harvesting energy in remote places where the electricity transmission cost is prohibitively high. Cheap energy in remote places that have no chance of transmitted out for normal usage is converted to value in Bitcoin.

Or we could just burn it. In what way is bitcoin more valuable than smoke?

Same way people dig up oil, sell it for cash, and put it in the bank.

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

#293

Post by ww520 »

roland35 wrote: post #157
ww520 wrote: post #150

Earlier quoted context omitted.

I do see one use of Bitcoin - harvesting energy in remote places where the electricity transmission cost is prohibitively high. Cheap energy in remote places that have no chance of transmitted out for normal usage is converted to value in Bitcoin.

And why exactly does this need to happen? Especially if it is dirty coal or gas generation?

Why does it have to the coal or gas? Why not geothermal, solar, wind, or tidal wave?

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

#294

Post by feet »

hnthrow1010 wrote: post #271
dang wrote: post #260

Earlier quoted context omitted.

If both sides are just repeating the same points, then there's no diff, and if there's no diff then it's off topic for this site. Diffs are what's interesting. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...

Ok, thanks. I get what you mean, but English language diffs can easily be falsified with a thesaurus :) A better analogy might be that every comment should be like a unique algorithm, or something along those lines.

A diff of word meaning, not a diff of word choice.

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

#295

Post by caskstrength »

hnthrow1010 wrote: post #252
seibelj wrote: post #251

Earlier quoted context omitted.

They will use crypto because it’s far more difficult to censor. The governments have been able to prevent individuals from storing and saving wealth, but this is becoming a lot harder and will continue to be ever harder.

I've never seen any reasonable explanation for that to be true. Crypto is very easy to censor, just ban the exchanges. Or if the government is really nasty, shut down the national internet. And if you think they could set up a satellite connection and a mesh net in response to this, they could also use that kind of setup to transact strictly in USD, with an offshore bank. No crypto required.

> I've never seen any reasonable explanation for that to be true. Crypto is very easy to censor, just ban the exchanges.

You are correct. First thing that National Bank of Ukraine did when the war started is they banned buying foreign currency electronically (theoretically people could still buy actual physical foreign currency, but nobody would sell except for very high markup), transferring money outside of Ukraine, and _any kind of so-called quasi-cash operations_ including buying cryptocurrencies or transferring money to exchanges. And paying salaries in anything but national currency is of course illegal. So tech-savvy folks could still try to find local who owns crypto and would sell it for cash, but for regular people crypto doesn't offer any respite.

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

#296

Post by espadrine »

seibelj wrote: post #251
hnthrow1010 wrote: post #227

Earlier quoted context omitted.

That seems obvious to me that they absolutely don't want crypto. If it's stablecoins they're after then what they really want is USD, so badly that they'll use whatever shady unregulated crypto bank sells it to them.

They will use crypto because it’s far more difficult to censor. The governments have been able to prevent individuals from storing and saving wealth, but this is becoming a lot harder and will continue to be ever harder.

> The governments have been able to prevent individuals from storing and saving wealth

Do you have evidence for that? While the Argentinian economy is struggling, and the government has defaulted in the past few years, I don’t know of widespread, illegal government theft of private citizens’ assets. The opposite seems true: they want people to get richer in exports, so they get more in taxes.

Is your argument that taxation is theft? They do need taxation in order not to default again.

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

#297

Post by bobuk »

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.

Internet (as ARPANET) has started at 1969. And before 1982 it wasn’t widely adopted. It’s pretty normal to be biased but fact checking is a must for this type of conversation.

Internet “invented” а 1969 and never was used widely till 1982. Neural networks was developed at 1980 but real applications started at 2011. Speech recognition showed at 1962 and still looks like “pretty new piece of tech” for humanity.

We have to admit, we are really slow in adopting tech.

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

#298

Post by cmsj »

upsidesinclude wrote: post #290
cmsj wrote: post #285

Earlier quoted context omitted.

> We now have an immutable ledger that requires zero intermediaries. > How is it possible for people to fail in understanding that value? Because so far nobody has shown me a way in which an immutable ledger can let me do something desirable that I can't already do, or transform a thing I currently do into a more desirable version of it.

Eh, false. The point is that you cannot do those things without an intermediary. That's it. That's the difference. I'm showing you. Try, really think, to see yourself in another country, one where the currency isn't guaranteed. How about having your home shelled after you have been evacuated? You have a safe deposit box? Not any more, confiscated. There are countries around the world where people lack basic security.…

I feel like this is often how these discussions go - crypto maximalists say this is going to change the world and take over all sorts of things, someone suggests that it actually wouldn't make any difference for most things, and they say "aha but people in crappy regimes can use it to hide money".

Like, sure, that's a use case, but if that's the best we've gotten so far, I'm fine with continuing to think that this isn't as universally beneficial as the Internet was.

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

#299

Post by Fnoord »

seibelj wrote: post #251
hnthrow1010 wrote: post #227

Earlier quoted context omitted.

That seems obvious to me that they absolutely don't want crypto. If it's stablecoins they're after then what they really want is USD, so badly that they'll use whatever shady unregulated crypto bank sells it to them.

They will use crypto because it’s far more difficult to censor. The governments have been able to prevent individuals from storing and saving wealth, but this is becoming a lot harder and will continue to be ever harder.

And those people who circumvent the censorship are faithful in their tax reports?

No, they are not. They are abusing cryptocurrency (the correct term, no matter how often you use 'crypto') to commit tax fraud. Which makes the government even more inefficient as it already is.

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

#300

Post by Fnoord »

seibelj wrote: post #249
yao420 wrote: post #219

Earlier quoted context omitted.

Any proof? Have you personally seen and used it? Seeing as you’re the CTO of a nft company you clearly have bias.

I’ve been in this space for a long time, know a lot of people. Lebanon is another country that is heavily using crypto. You will see a lot of countries with corrupt governments and central banks become bottom-up crypto centric, but this won’t be reported for a long time until suddenly the NYT will release an article and only then it is “actually” happening. Here’s an informative episode on a podcast if you actually c…

> I’ve been in this space for a long time, know a lot of people. Lebanon is another country that is heavily using crypto

Every country uses cryptography.

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