I think blockchains still have a lot of value, not as currencies or assets, but as decentralized databases for supply chain tracking. We clearly have a lot of issues with our existing global supply chain, especially tracking the origin of every component that goes into things. Blockchain has a lot of legitimate uses for transparently tracking different components along their journey, from raw materials until they reach customers, and helping with industrial planning as well as proving compliance with regulations.
Planned economies haven't worked. Market economies have some clear inefficiencies and potentials for destabilizations. Applying data transparency and tracking to a market economy using supply chain blockchains has the potential to enable more decentralized planning to build better options.
Re:The Bitcoin Investment Thesis Is Broken
by johnnymorgan on Tuesday May 24, 2022 @12:38PM
(#31494326)
Thanks Paul Krugman.
>Doesn't know what PoE is and the value it's provided to businesses already, thinks he is an expert on how it has no value.
You might want to look that up before you say silly things. I'm curious to see the goal post moving you are about to do.
As I said, use it or don't, just because you can't doesn't mean others are wrong lol
Yes, it will be around. But beyond the idea it represents, and the technological invention that is blockchain, there is no value. This is marketing and ideas you invest in.