Technology

Interesting you talk about gatekeeping information when you're literally parroting crypto echo chamber rhetoric because if you dare suggest anything other than crypto is the future you will instantly get shut down. It's a cult, basically.

Interesting that you don’t even have enough self-awareness or knowledge of the problem domains you claim to understand to see that you’re doing the EXACT same thing.

You parroted partially true (cherry picked) all the way down to completely untrue things about the properties of this technology. If you understood the technology in the first place, you’d recognize that. There are so many different permutations of it and you paint it with the broadest brush possible.

Tell me, do you know about proof of stake? Do you know what proof of work is? Do you understand the concept of an oracle?

Of course it doesn’t solve every problem (it won’t ever be used to stream video…of course..did anyone ever say it would?)…but the ones it DOES solve (that you pretend it hasn’t) are not achievable with any as of yet known technology.

Here’s just one that I’d love to see you pretend could exist on any other technology: Digital Identity and Land Deeds in war-torn (or even no longer existing) countries. Let’s say bombs destroy any paper deeds or even deeds on the servers all around a country. A person fleeing the country might return to the country and be homeless because they couldn’t prove that they owned that land. On a decentralized public blockchain, those deeds can be minted and henceforth can never be erased. Even if the official body that authorized them to be minted goes under or out of power, they are, in fact, IMPOSSIBLE TO ERASE SINCE THEY ARE ON A DECENTRALIZED BLOCKCHAIN and would be very hard if not impossible to discredit. The person would be legally able to get their house back.

Another one is voting. Electronic voting on a PUBLIC DECENTRALIZED blockchain would be literally the ONLY way to achieve a fully-open, auditable election. Furthermore, if you’re proposing that a similar centralized government solution (equal in all other ways other than one being truly decentralized and the other not) is even remotely similar in its robustness and trustworthiness, you’re SURELY being disingenuous.

There are TONS more but I don’t feel like wasting my time writing a term paper for someone that is clearly being disingenuous, parroting some world bank wage-slave neoliberal nonsense in the first place.