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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by snowwrestler on Friday February 22, 2019 @04:49PM (#19229444)
The threat of the legal system is a useful spur for resolving contractual disputes, but most disputes are resolved without engaging the legal system.

One of my frustrations with discussions of blockchain is how quickly it diverges from reality. Most financial disputes today are resolved without a lawsuit or a prosecution, which I think you know. And transacting $5 via blockchain today will involve 3rd parties with whom you could develop a dispute, and then you'd be right back where you would be for any other $5 transaction.

Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by SilasX on Friday February 22, 2019 @06:24PM (#19230128)
That’s why I never said “you have to use bitcoin because courts are too expensive”. That’s an implication you made up out of whole cloth because you never considered that I wrote my comment before the edit.

As it happens — and not that it matters to you — I agree that the small-transaction-with-untrusted-party case is not a good use of blockchain.

I was only objecting to the OP’s implication that courts are sufficient to ward off all contractual violations. As of the edit, the OP clarified s/he didn’t mean that, and so I’m in agreement with him/her, but that apparently doesn’t stop you from lecturing me as if I weren’t.