this post was submitted on 07 Jul 2024
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[–] alekwithak@lemmy.world 5 points 1 month ago (19 children)

The Blockchain is amazingly useful, that's why the establishment did their best to make sure people associate with incels and little monkey pictures to ruin its credibility. A banking system running on Blockchain is one where the Pentagon can't lose trillions of dollars annually.

[–] vxx@lemmy.world 3 points 1 month ago

How are they going to implement it, I guess by linking your identity to your porn-blockchain key.

I guess there's no better way to track your habits.

[–] Voroxpete@sh.itjust.works 3 points 1 month ago (1 children)

Ah yes, let's just make everyone's financial transactions public record. That couldn't possibly be an insanely dangerous thing to do.

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[–] PieMePlenty@lemmy.world 3 points 1 month ago (2 children)

Bad research based on subjective opinion? I dont see how anyone would see blockchain in itself as useless. It provides a verification method without the use of a centralized system. Are all peer-to-peer systems useless now? Its not to be used as a tool for everything. It will not fix everything. I'd be more interested in research of what happens when reactionary practices are used. Such as using blockchain just because it's the hot new trend without thoroughly thinking about the consequences of such actions. blockchain = bad / blockchain = good is not good enough, each implementation needs to be studied independently and answers derived from that. Replace blockchain with AI and it's the same.

[–] Katana314@lemmy.world 2 points 1 month ago (1 children)

It’s a way of verification and trust in a system where no one trusts any central authority, but does trust an algorithm. That seems too specific to ever actually be useful. People will end up relying on services or instructions that make the system digestible and usable for them, but as long as they still rely on those giving the instructions, the same problem arises.

And when an example case is brought up, it’s always one central authority that is pushing the idea - and could achieve the same more easily and without power waste using a central server.

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