Post
Topic
Board Bitcoin Discussion
Re: IBM to Launch First Commercial Blockchain in September
by
yayayo
on 02/08/2016, 21:14:47 UTC
"vice president of blockchain technologies" - Can it get any more ridiculous?

I seriously doubt that you need a blockchain for the task in question. A centralized database would be much more efficient for the task in question. There is no point in using a blockchain if you run a centralized service. IBM is just burning cash.

Bitcoin should find solutions to problems like this and offer use case solutions based on Bitcoin. We missed a good opportunity with IBM and they moved on to develop their own Blockchain based solution to their problem. Bitcoin marketers and entrepreneurs should concentrate their efforts on micro payment problems and the associated solutions. If Bitcoin got a piece of that 40 Billion dollar solution, we would have all benefited a lot.  Roll Eyes

No, a thousand times no! Bitcoin developers should focus on Bitcoin's core functionality (a sound, decentralized and fungible currency) and not invite corporations to spam the blockchain. All the value of Bitcoin stems from it's decentralized nature. Bloating the blockchain with all kinds of secondary services is harming decentralization by increasing network load.

Judging by your writing style you are not interested in Bitcoin at all. All you want is to "earn" some fiat junk money quickly, no matter what the consequences are....

ya.ya.yo!