Post
Topic
Board Economics
Re: Can Blockchain help eliminate the basic problems in the world?
by
richardsNY
on 06/07/2018, 22:55:59 UTC
But for straight up poverty? That's just ridiculous.

People are ridiculous. They don't understand anything of the tech that's being praised by nearly everyone. I have never seen much value in the blockchain when it comes to non crypto purposes. At best it will offer efficiency, which is great if it helps businesses and organizations cut costs, but what is there for us to gain from it? Technically they don't even need a blockhain. If we look at XRP's network that was tested by Western Union, it didn't turn out to offer much of a benefit at all. Admittedly, there hasn't been much information regarding how they exactly tested XRP's network, and how far they stressed it, but it's quite an interesting outcome, especially when you take into consideration that XRP doesn't have the scaling aspect holding it back....