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Re:Americans Own Less Stuff, and That’s Reason to Be Nervous by hotgoldminer on Tuesday August 14, 2018 @02:28PM (#17760564)
They're protocol. Without a trusted party in the middle, there isn't a market.
Re:Americans Own Less Stuff, and That’s Reason to Be Nervous by nostrademons on Tuesday August 14, 2018 @02:42PM (#17760689)
...which makes me wonder if maybe the blockchain aficionados are onto something. The problem that blockchains solve is precisely to replace the "trusted middlemen" with a distributed network of miners and coin-holders, and to split the rewards that would accrue to them across a competitive market. If every Internet marketplace were replaced with a smart contract, that's a massive potential market.
Re:Americans Own Less Stuff, and That’s Reason to Be Nervous by TangoTrotFox on Tuesday August 14, 2018 @03:24PM (#17761043)
Yip. In my opinion this is the real future of blockchains. There are even incredible possibilities like connecting decentralized services to create new businesses. Imagine a digital farmers' market that directly connects consumer to farmer using our decentralized vehicle transport service.

Only problem is that this/these sort of project(s) would entail an enormous amount of energy and effort to develop. And then you'd also need to ensure you have sufficient marketing clout so it doesn't just lay dormant. And then in the end it's a completely decentralized system. The idea of a creator sitting around skimming money off every transaction is not really part of this picture.

So it's not really the most enticing of projects to take on. Big investment, minimal personal reward. On the other hand, I think it will happen - eventually. We just need another Tim Berners-Lee type individual. Except preferably one that happens to be a brilliant engineer, salesperson, and billionaire.