still it’s jarring when folks treat this p2p ledger construct as a revolutionary wunderkind. it’s only revolutionary-seeming because it’s easy to monetize 🤷♀️
@garbados Well. I have the same opinion that yours but I have talked with many people interested on the blockchain technology and it has some interesting points I didn't consider:
- It's good for traceability
- It's good for trust control
@ekaitz_zarraga tell me more about the traceability use case, i'm curious 🤔
@garbados There are many contexts where certification companies sign the origin and the steps of a product. Pieces for planes are an example for this.
Those companies' job is just sign and certificate that stuff happened.
A blockchain can help make this process open, letting every step in the chain sign their own work in an independent way limiting the possibility for frauds.
Tuna is also an example hahaha
You can follow the tuna from the place it was fished (the boat itself!) to the shop.
@ekaitz_zarraga that’s interesting, and seems very appropriate 👍
I recorded a conversation with a friend of mine that works in this research area and wanted to share it but the audio is shit. OOOOOOH
So I have to make more coffees like that and meet cool people I know and ensure that the audio is good.
@ekaitz_zarraga if you found it illuminating, i’d love to read a transcript!
@ekaitz_zarraga @hirojin @garbados
Whether you think BitCoin is stable depends on whether you're looking at the math or the culture. There's nothing wrong with the crypto, but I suspect proof of work will always produce turbulent valuations that leave an implementation in the control of a few stakeholders. That's not a meaningful change in trust unless you're a stakeholder in one of the 2 systems
When I was young we called it Linked lists
Let's be honest, ninety percent of tech startups are just impressive sounding fads to make investor's eyes pop. Block chain is a word that most people know, so you need to cram it in somewhere.
@Melisandre pageantry to satisfy the rich 💃🏾
Exactly. The owners will have sold it to google before anyone realises that it's pretty shit.
> and what about the shareholders? it has to make money somewhere right!?
well they make money by selling to other shareholders who *perceive* google to be making money, and they make money by selling to other shareholders... etc. etc.
once you get to the innermost circle of hell, it's really just a mystical closed-loop circlejerk from there.
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