News for hackers. Stuff that matters.

A comment on You Do Not Need Blockchain: Popular Use Cases and Why They Do Not Work (2019). Parent comment

Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by sanderjd on Tuesday March 18, 2025 @11:45AM (#43400829)
Right, if you hadn't said it yourself, I would have said that this is just another form of "you're holding it wrong ".

But my point is that if this is actually the target market for these products - people who are gonna run their own nodes - then that market is like five orders of magnitude smaller than the crypto industry wants it to be.

[ Parent | on HN ]
Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by yieldcrv on Tuesday March 18, 2025 @01:17PM (#43401981)
Ah ok, that’s fine to me

Speculation drives innovation and crypto is the rawest form of that we have, in a global, nonstop market with extremes of selective evolution: permission to fail, instead of guardrails

Practically none of the things that attract people to the space would have been developed without encountering frictions from speculation, and fixing them

[ Parent | on HN ]