News for hackers. Stuff that matters.
Re:Trader gets painted stones instead of $36M of copper by etaioinshrdlu on Sunday March 14, 2021 @01:11AM (#26453189)
I was going to make a blockchain joke, but it was already in the linked discussion.

It's comical how some of the blockchain space aspires to solve some of the world's problems with underpants-gnomes level business thinking. I guess HN already understands this.

Re:Trader gets painted stones instead of $36M of copper by bartread on Sunday March 14, 2021 @01:24AM (#26453238)
> I was going to make a blockchain joke, but it was already in the linked discussion.

I see what you did there. Nice.

Also, I had to look up "underpants gnome". For the other three of you who don't know what these are they feature in an early episode of South Park (which I thought I'd seen all of, but no). They steal underpants and use them to profit. Turns out they're also the originators of the "1. Something, 2. Something else, 3. ?????, 4. PROFIT!" meme that I've seen posted for the last 20 years, particularly on Slashdot in the early noughties, but never known where it came from.

Not something I expected to learn via HN but I suppose we are living in unusual times.

Re:Trader gets painted stones instead of $36M of copper by walrus01 on Sunday March 14, 2021 @01:43AM (#26453304)
Re:Trader gets painted stones instead of $36M of copper by ineedasername on Sunday March 14, 2021 @03:32AM (#26453453)
Yes, I don't see how blockchain technology will solve a problem like this in any way whatsoever. No entry in a blockchain and labelling thereof on containers will prevent breaking the seals on a contain and swapping out real for fakes.

Blockchain may be able solve a few different problems, but this isn't one of them.

Re:Trader gets painted stones instead of $36M of copper by Gibbon1 on Sunday March 14, 2021 @04:23AM (#26453626)
I'm probably dumb, but it feels like all the guys pushing blockchain on trying to solve the problem that the world tends to run on trust and good faith, because those things make them deeply uncomfortable.
Re:Trader gets painted stones instead of $36M of copper by onetimemanytime on Sunday March 14, 2021 @01:27AM (#26453250)
This is enough to be FU money for all people involved: "I'll disappear, pay off police, blame Ali, do 4 years in jail and still have money..."
Re:Trader gets painted stones instead of $36M of copper by dzhiurgis on Sunday March 14, 2021 @03:40AM (#26453477)
NFT that cuprum!