this post was submitted on 06 Nov 2023
713 points (96.8% liked)
Technology
59292 readers
3982 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
By that logic the US dollar is a means for facilitating crime. It's certainly used for that, a lot, but that isn't what it is for. A blockchain is for keeping an immutable and verifiable record by way of cryptography. That there are a lot of scams doesn't change what it is.
See, the difference is that dollars have legitimate uses.
As does Blockchain, which is widely used for such purposes already.
Not really, unless you think ransomware is a legitimate use.
Nope, you can go and check common usage of blockchain tech, plenty of legit uses, especially in banking.
Like what?
As I said, in banking, often to confirm that transactions are real.
https://corpgov.law.harvard.edu/2022/01/28/blockchain-in-the-banking-sector-a-review-of-the-landscape-and-opportunities/
Yeah, you're hating for the sake of hating with no clue why. I'm just going to go ahead and block you, kthxbye.
It's not for the sake of hating, it's because blockchain / cryptocurrency / NFTs / etc. are problems in search of a legitimate solution. So far all they've found is massive energy wasting and ransomware.
You are conflating the ideas for some weird reason. It's like blanket arguing against the internet because things happen on it which are illegal.
I'm not sure what you mean. Are you not aware that NFTs are built on top of blockchain tech?
Yes, and? There are other usages as I've said.