Post
Topic
Board Economics
Re: Do we need blockchain technology?
by
ganjasmokingg
on 18/10/2018, 12:20:29 UTC
Hello everyone.

When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?

In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.

But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.

An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.

There are too many projects  that we don't really need it on blockchain.

Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.


Please enlighten me.

I think blockchain is very necessary to preserve your money. It is actually a very useful technology for us to manage or deal with different Crypto. Or used for access to other ICOs that may be ICO's we will not need to use blockchain but it is an indispensable technology.