Comment on Will AI Startups End Up Like Blockchain Startups?

• Nibodhika@lemmy.world ⁨6⁩ ⁨days⁩ ago

  Is it that you don’t understand the problem or the solution? Or maybe you got scammed and lost money by buying a picture of a monkey that someone assured you would be worth way more, akin to an old person being against emails and thinking they solve nothing because once they sent money to a Nigerian prince.

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  • kameecoding@lemmy.world ⁨6⁩ ⁨days⁩ ago

    Okay genius, name one real life application that’s solved by the blockchain

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    • Nibodhika@lemmy.world ⁨6⁩ ⁨days⁩ ago

      First of all no technology is the only way to solve a problem, for example Lemmy and Reddit essentially solve the same problem except one is open source decentralized and the other is centralized and closed source. With that in mind, Blockchains solve the decentralized 0-trust validation of tokens, which can be used for anything you might need a token for, e.g. money or proof of ownership. Sure, you can do that in a centralized manner, but the fact that we’re having this discussion over Lemmy instead of Reddit should be enough of a proof to you of why you can’t always rely on centralized solutions. If you have any other technology that solves tokens in a decentralized 0-trust way I would love to hear about it.

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      • kameecoding@lemmy.world ⁨6⁩ ⁨days⁩ ago

        [deleted]

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    • iii@mander.xyz ⁨6⁩ ⁨days⁩ ago

      An inflation free currency

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      • kameecoding@lemmy.world ⁨6⁩ ⁨days⁩ ago

        That’s not a good thing, also not a currency.

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