You Do Not Need Blockchain: Popular Use Cases and Why They Do Not Work

Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by MusaTheRedGuard on Friday February 22, 2019 @12:24PM (#19227099)

Most people who are even a little bit serious about working/investing in crypto, are well aware of this and have been saying this for the past few years.

Inb4 "you're not investing, you're speculating/gambling". I'm aware.

Inb4 "blockchain is a slower database". Again, I'm aware.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by root_axis on Friday February 22, 2019 @12:59PM (#19227442)

> Most people who are even a little bit serious about working/investing in crypto, are well aware of this

Not really sure how you can back up this claim. After hundreds of interacts with blockchain enthusiasts, I have observed that most of them subscribe to at least one of false use cases listed in the article, especially #7 and very often #1-3 and #6 as well.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by MusaTheRedGuard on Friday February 22, 2019 @01:14PM (#19227600)

Anyone can call themselves a "blockchain enthusiast" that doesn't mean they're smart or know what they're doing.

Examples of good thinkers are the guys over at multicoin capital, a crypto focused hedge fund: https://multicoin.capital

I don't agree with everything they invest in, but they have clear, logical theses

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by root_axis on Friday February 22, 2019 @04:33PM (#19229307)

Every enthusiast has their own ideas about what qualifies as "knowing what you're doing". Nobody in the enthusiast community can agree on any of it.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by nikanj on Friday February 22, 2019 @02:08PM (#19228125)

No true scots..erm. No true blockchain expert?

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