Are there good uses for the blockchain? - eviltoast

Please don’t auto downvote before reading.

A little bit ago some asked a question about why the hate of the blockchain, and that got me thinking if there even was a legitimate use case where the blockchain would be beneficial, but I couldn’t think of one outside maybe some sort of decentralized bank, but before I knew I was thinking it would instantly turn into some crypto scheme and strapped it, because crypto currencies are a scam on every level – and no they aren’t private or secret as some think either.

So I wanted to ask the community. Instead of using the blockchain for crypto, is there a better use where the blockchain could benefit society?

  • tyler@programming.dev
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    1 month ago

    What the other person said is good, but two of the simplest things to say are “this tech already existed and was in use for decades, and doesn’t require the massive energy waste that blockchain does” or “blockchain is designed around distrust in everyone. If you distrust everyone then why are you doing business with them?”