Comment on The Future of Odysee

• Alphane_Moon@lemmy.world ⁨3⁩ ⁨months⁩ ago

  Yeah Blockchain is a massive warning flag.

  There are only two real use cases for Blockchain

  1. Financial speculation (very risky one, somewhat like trying time a pyramid scheme)
  2. Various types of fraud

  source

  • theneverfox@pawb.social ⁨3⁩ ⁨months⁩ ago

    No, there’s one use for Blockchain. An immutable public ledger with no trusted authority

    That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)

    source
  • technocrit@lemmy.dbzer0.com ⁨3⁩ ⁨months⁩ ago

    AKA

    1. Investment (very profitable if you stick to the large market caps)
    2. Decentralized finance

    source
  • 0x0@programming.dev ⁨3⁩ ⁨months⁩ ago

    3. validating financial transactions (in regular markets/banks/etc),
    4. ensuring data integrity (i.e. tamper-proofing) in databases,
    5. spotting people who talk out of their ass

    source