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Re: Do we need blockchain technology?
by
guoyu78
on 03/05/2019, 08:31:37 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.
If there are no other purposes as to why we still need Block chain technology, as long as there are still cryptocurrency and we are all still making use of it, then blockchian is still very important to us. Without blockchain technology there will be no other way for you to send and receive bitcoin and other crypto currencies you see.

That's just what I think tho’, don't know if I'm right. I have also seen people mention other things that are likely to be accomplished with the technology, if we decide to put them to use.