News for hackers. Stuff that matters.
Re:Blockchain Is Dangerous Nonsense by tirpen on Thursday April 28, 2022 @05:32AM (#31190440)
My suggestion is: "grow up".

All of human society is based on trust, and it works just fine and has for centuries.

Who would even want to live in a trust less society? That sounds like hell.

Re:Blockchain Is Dangerous Nonsense by magicalhippo on Thursday April 28, 2022 @05:48AM (#31190572)
I might trust someone enough to give them $20. I might not trust someone enough to enter my credit card details on their webpage.
Re:Blockchain Is Dangerous Nonsense by alpaca128 on Thursday April 28, 2022 @06:37AM (#31190902)
That's why we have things like paypal and temporary virtual credit cards.

Many kinds of fraud attack the fallible human element, not technology. And blockchains cannot change that, as you can see with a glance at crypto news.

Re:Blockchain Is Dangerous Nonsense by HWR_14 on Thursday April 28, 2022 @06:00AM (#31190666)
The technical solution to that is temporary CC numbers, not a giant crypto chain.
Re:Blockchain Is Dangerous Nonsense by magicalhippo on Thursday April 28, 2022 @06:12AM (#31190756)
Sure, that's one technical solution, assuming you can get a card.

I was just trying to point out that trust is not binary.

Re:Blockchain Is Dangerous Nonsense by swalsh on Thursday April 28, 2022 @06:31AM (#31190865)
Trust is a short-cut for the complexities the physical world presents. But in a purely digital world you can build things that doesn't NEED the short-cut. And that's a new capability. It let's you build things not possible before. DeFi exists because trustless transactions are possible. Not everything can and should be trustless, it's just a tool not a new society. But it's SUPER useful.
Re:Blockchain Is Dangerous Nonsense by drdeca on Thursday April 28, 2022 @05:45AM (#31190544)
This is not a technical solution.
Re:Blockchain Is Dangerous Nonsense by q3k on Thursday April 28, 2022 @05:48AM (#31190575)
Growing up is also realizing that some problems require non-technical solutions :).
Re:Blockchain Is Dangerous Nonsense by drdeca on Friday April 29, 2022 @01:37PM (#31208339)
Sure, but it also makes it not an answer to the question which was asked.

And just because the technical solution to a technical problem might not be (/isn’t) a good/practical solution to the practical problem that the technical problem is inspired by, doesn’t make interest in the technical solution illegitimate.