I saw a telemarketing advertisement today featuring this scissor knife. Basically you can chop lettuce and veggies in a fancy way without putting them down to a board, using a knife. It looks good but any good chef would still stick to the old way of chopping veggies. Part of the reason is that you can have more control of the angles and sizes. Another reason is that the surface of the board is more sturdy and in the long run, if you are chopping enough veggies, it is more efficient.
I believe that some people will use this knife/scissor thingy and in fact it might replace the old knife/board combo. It will be useful for some people but definitely it won't be that useful for most people in a way that will replace the knife and board.
Blockchain technologies, are much like those pair of scissors. It might look fancy and useful and revolutionary at first glance but in reality very few businesses will find it useful — even if its usage for those companies might prove to be revolutionary.
Blockchain technologies are the future, no doubt. Thing is, not all future screams "blockchain". This is not exactly Internet 2.0 but rather a small upgrade of some part of the internet. For some industries like fintech is going to be revolutionary but for most others is rather redundant.
Crypto isn't everything, and id agree that most of the current use cases are nonsense. Shit like cryptokitties has no future.
However I disagree with your argument, blockchain directly addresses problems around governance, budgeting in social systems, censorship in media and historical documents, centralized monetary policy.
These issues aren't minor niche solutions, but hugely effect the base of culture.
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Yeah 10persons control the medias of the whole world. This guy has no idea what he is talking about. Freedom is out most valuable right.
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Notice how your argument is a political one and not a technological one. Same argument can be made about capitalism. 99% want more "equality" yet they vote democratically and accept something that does not favour them.
The answer is within human nature, not what people need.
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Not really, im talking about increasing efficiency in systems by reducing the ability to corrupt. Corruption is expensive, its a fat tax. You can compare it to an electrical system where bad actors are latching on along the line and siphoning electricity away, adding resistance. Crypto creates a new layer of shielding on the wire reducing the resistance, allowing the power to flow where its intended.
Crypto has so much gravity due to its efficiency in reducing corruption if for no other reason. Does this mean bitcoin is worth $1000000? Fuck no. But user owned, automated censor-proof networks are here to stay and will continue to grow like a virus. the broad use of these tools are inevitable.
Edit: Also to respond more directly to your edit, people vote "democratically" yet all over the world voting systems are rigged and manipulated. This is exactly what im talking about, user owned crypto networks provide solutions to create voting systems that cannot be rigged.
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I disagree mate. This is way more global. You must live in a country where freedom of speaking is normal. But for 4 billon people, it is a major problem. Indeed Youtube became a weapon way more powerfull than a AK-47, one video can be seen by billions of people in a few month. Uploading this video is the real problem and blockchain with decentralization is the only way to resolve it.
This will allow billions of people to say what is really happening in their country and not what their government want us to see. So no this is not a "a small upgrade of some part of the internet" This is actually the real internet. What you would understand if you government was a dictature. You should be ashame !
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing." Albert Einstein
"At least I am consistant". Sometimes it is better to not say anything.
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You are talking political and as if most people want to be free individuals.
You are mistaken
Most people just want to follow a centralised authority because most people are stupid cowards who are still governed by herd behaviour.
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@kyriacos "most people are stupid cowards who are still governed by herd behaviour"
So you not only know more than 3.5 billion people (i.e. - 'most people' <51% ) but you intimately understand their wants, needs and desires? Damn; you should write an article on that then! Or maybe that comment was just unsubstantiated opinion grounded in your personal biases??
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You really know how to lift peoples morale.
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Well, at least I am consistent
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True. And we need some balance too.
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That's supposed to pass for Logical consistency? Or Stool consistency?
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you are still here senior butthurt? didn't i tell you to fuck off?
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Why wouldn't I be here? Questioning nonsense like blockchain is a needless replacement is always entertaining.
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This is very much so.
The block-chain is only good for a very minor portion of the applications on the interwebs.
The trustless aspect comes with huge costs in speed and computers.
However, i must say that most people don't even know what a database is, even if they use one every day at their job. To them, block-chain is just a fancy word. Many corporate sales have been made with less fancy words.
I could never use those scissors. you do not have any control while holding the food and the cutting implement out in the air before you. But, it could be said, that is only because i demand uniform piece size.
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I would read the instructions for this product. I'm assuming that the "safe use" section is also applicable to Blockchain.
If you confuse your finger with carrots, you can stay without a finger)))
You can give a more rigid comparison)))
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Trustless, transparent ledgers are the unnecessary "chopping" scissors? Because what's not to need from something that has NO counterpart? Dare I ask, what is Blockchain the Needless Replacement of? Didn't think your analogy at all did you?
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You might need transparency but those who control the capital do not.
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So what's your point? All those consumers that actually control the capital, fail.
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All those that are market makers dum dum
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All those except the likes of @dan and everyone else that has created a market out of the blue without vast wealth, they don't "need" transparency.
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Useless for the masses perhaps, but for those who seek freedom it's just another possible means for securing freedom.
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