this post was submitted on 22 Sep 2023
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Futurology

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[–] Lugh 2 points 1 year ago (1 children)

Before it got taken over by grifters, there was a time people thought blockchain could solve a lot of problems and create new opportunities - will it ever recover?

[–] assassinatedbyCIA@lemmy.world 4 points 1 year ago

Dude that was part of the grift. There’s nothing that blockchain does that can’t be done better by a non blockchain solution. The weird assumptions that blockchain makes about trust and censorship simply don’t exist in the real world. Thus making blockchain a terrible option for pretty much everything.