Post
Topic
Board Economics
Re: Do we need blockchain technology?
by
DevilSlayer
on 01/12/2018, 06:39:38 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.

If the blockchain technology didn't invented, we will still see the major problems in our society and economy. Like in payment system, it is hard to pay in fiat currency because it is very hassle. The daily transaction became better because of the blockchain technology.