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db2@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

Similarly, blockchain is a technology for implementing scams

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.

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merc@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

By that logic the US dollar is a means for facilitating crime.

See, the difference is that dollars have legitimate uses.

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- db2@sopuli.xyz ⁨1⁩ ⁨year⁩ ago
  Yeah, you’re hating for the sake of hating with no clue why. I’m just going to go ahead and block you, kthxbye.
  
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  - merc@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    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.
    
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    ABCDE@lemmy.world ⁨1⁩ ⁨year⁩ ago
    
    blockchain
    
    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.
    
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- ABCDE@lemmy.world ⁨1⁩ ⁨year⁩ ago
  As does Blockchain, which is widely used for such purposes already.
  
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  - merc@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    Not really, unless you think ransomware is a legitimate use.
    
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    ABCDE@lemmy.world ⁨1⁩ ⁨year⁩ ago
    Nope, you can go and check common usage of blockchain tech, plenty of legit uses, especially in banking.
    
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