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A comment on Systems built on trust, norms, and institutions function better than blockchain. Parent comment

Re:Systems built on trust, norms, and institutions function ... by aalleavitch on Friday April 06, 2018 @02:10PM (#16775731)
Even just the concept of the blockchain itself is based on a massively inefficient use of resources to have a public ledger that can't be tampered with. This wouldn't be an issue at all if people just didn't have incentives to tamper with it!
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Re:Systems built on trust, norms, and institutions function ... by dorgo on Friday April 06, 2018 @05:20PM (#16777558)
>This wouldn't be an issue at all if people just didn't have incentives to tamper with it!

:O, the only possibility for that which comes to my mind is a world in which everybody is infinetly rich?

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Re:Systems built on trust, norms, and institutions function ... by webmaven on Saturday April 07, 2018 @08:52AM (#16780510)
Even that would only address financial incentives (and just the rational ones, at that). There are - unfortunately - others.
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Re:Systems built on trust, norms, and institutions function ... by aalleavitch on Friday April 06, 2018 @06:17PM (#16777997)
Compared to any point in the human past, this is already largely the case in many countries. The problem is that it has been uneven.
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