News for hackers. Stuff that matters.

A comment on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?. Parent comment

Re:Ask HN: Am I going insane or is there genuinely no value ... by kimi on Saturday April 23, 2022 @07:40AM (#31133381)
> I think that much of the philosophy around blockchain comes from the lack of faith in human governance—which is to say, a certain kind of misanthropy.

So the blockchain gets two things right: avoiding double-spending and an honest assessment on human nature.

[ Parent | on HN ]
Re:Ask HN: Am I going insane or is there genuinely no value ... by e-dt on Saturday April 23, 2022 @08:36AM (#31133749)
Replacing trust in humanity with trust in an algorithm created by humanity doesn't really get you anywhere. Like it or not, you are human, I am human, and we live a society of humans! Everything in society is created and run by humans! The blockchain cannot change this fundamental fact, it can only obscure it.
[ Parent | on HN ]