this post was submitted on 02 Feb 2024
1888 points (96.5% liked)
Memes
45661 readers
2131 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Crypto =/= blockchain.
If you can't see the utility of blockchain with regards to things like actual, verifiable digital ownership, then I don't know what to tell you.
I want to see what you mean in practical terms, because the only other example that I know besides questionable crypto currencies is NFTs and that was an epic lesson on what not to do. ๐
An NFT is a deed. Do you see any uses for a deed that is not in control of a central authority?
Not really, no. Who's going to honor the deed? There's your central authority that can control it.