I was searching info on a crypto scam and saw that now reddit has jumped on the crypto bandwagon too? Everything must be on a blockchain for some reason
this post was submitted on 22 Jul 2023
45 points (100.0% liked)
Reddit Migration
670 readers
1 users here now
### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/
founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
blockchain != crypto
the technology is no more the scam than eggs are a cake.
It's a crypto currency, and ethereum is a blockchain. Blockchains have little use outside of cryptocurrency. A cake mold to a cake would be a better comparison.
That is simply not true. Blockchain is a ledger and nothing more. Just like accountancy is more than just banking, blockchain is more than just crypto.
https://en.wikipedia.org/wiki/Blockchain
https://www.fintechweekly.com/magazine/articles/blockchain-without-cryptocurrency-business-use-cases
You're wrong there. The only use case of blockchain is cryptocurrencies .
false, as proven by the simplest of research such as provided in reply to my initial comment.
It isn't, as your link shows, no other successful use other than cryptocurrencies or things explicitly tied to cryptocurrencies exist. There's theoretical uses, sure, but nothing practical. Ipso facto it's just for cryptocurrencies.
And there goes that goalpost! Moves like the wind.
My goalpost is still there. The only practical use of blockchain is cryptocurrencies.
other than that isn't the statement you made which I refuted, sure.