Re:Introducing A16Z Crypto
by dd36 on Monday June 25, 2018 @06:59PM
(#17396557)
Bingo. I still don’t follow how blockchain solves current problems. If the problem in your country is a lack of good record keeping, that’s not a technological problem. It’s a political problem. Cheap solutions have existed for centuries. The real question is why haven’t they been adopted? Why would those in power allow blockchain to be adopted but not existing technologies?
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Re:Introducing A16Z Crypto
by plorkyeran on Monday June 25, 2018 @07:39PM
(#17396775)
In most cases it seems that the existing technologies have been adopted and the people advocating for blockchain-based solutions just aren't aware that it's a solved problem.
I completely agree. It's naiveté. Technically, my local county recorder's office is a blockchain that has existed for centuries. It's cheap, reliable, correctable, enforceable, etc. It has all of the features without the downside.