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Re: Do we need blockchain technology?
by
Tungsten-1
on 06/04/2019, 19:14:48 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.

do you like the centralised google??facebook?
They are big brothers watching you, all the data are on their hands, they seduce you with high accuracy ads, target you and your pocket, you are seduced to give out your money, how does that sound?
Nice example mate, there are few things what can never be controlled we are happy with it if they are independent, we are in need to develop and promote the digital system so that it will improve our life for better, blockchain is the most important thing for me it helps me money transaction, digital system we you elaborated it sounds well to everyone the same way it does to me.

Right I am one of those who is surely happy with decentralization and independent system of crypto currency but the problem is, there are some scammers and hackers who are there only to give us lose and to take advantage of our unawareness so in this kind of situation I think blockchain is the best way to save your coin for long term as long you want.
We even should not be that silly because if bitcoin or crypto currency will become the same as fait then it becomes worthless to invest as there will be no different between crypto currency and fait currency, people invest for decentralization, it is not risk or disadvantage but it is an advantage to get the opportunity of buying low and selling higher, for this we really need block chain to save it for long term and use reliably.