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Are there good uses for the blockchain? (lemmy.world)

submitted 1 day ago by [email protected] to c/[email protected]

61 comments fedilink hide all child comments

Please don't auto downvote before reading.

A little bit ago some asked a question about why the hate of the blockchain, and that got me thinking if there even was a legitimate use case where the blockchain would be beneficial, but I couldn't think of one outside maybe some sort of decentralized bank, but before I knew I was thinking it would instantly turn into some crypto scheme and strapped it, because crypto currencies are a scam on every level -- and no they aren't private or secret as some think either.

So I wanted to ask the community. Instead of using the blockchain for crypto, is there a better use where the blockchain could benefit society?

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[–] [email protected] 5 points 1 day ago (1 children)

It's a good way to pay for illicit drugs, weapons, anything really, that you ordered using TOR, or your favorite unattributable communications technique. If you believe there are laws that should not be, that's good. If you are in favor of those laws, not so much.

[–] [email protected] 2 points 7 hours ago

as long as your a minor enough criminal for no one with resources to bother tracking you down using the public data on the chain