/biz/ - Business & Finance

>>10849451

>>10741671

I worked for various technology consulting firms and now I'm a partner at a PE.
Let me give you the quick run down.
-99.9% of the blockchain use-cases could be done more efficiently without blockchain technology.

-99.9% of the blockchain projects could be done without tokens

-DLT is just a fancy spreadsheet. Decentralization & transparency are good for bitcoin where they operate in a trustless environment. But in the real world (that most of NEETs do not understand), there is always some level of trust. Decentralization is always a meme since someone is paying for it and will want to rule it.

-Those expensive tokens make 0 sense, even if a company would use the services offered by the project behind it, they will never buy some tokens. Hyperledger is most widely used platform for these new projects and no tokens are necessary.

-Using cryptos is often a huge burden for companies (liquidity, volatility, exchange)

-In a year top regulation (and most importantly taxes) will buttfuck cryptos

-I helped developing a few blockchain use-cases and every time the harsh truth comes back: its impossible to disrupt the middlemen because they are sitting on centuries of due-diligence and rules that makes them irreplaceable. The job of a notary or a bank can be nicely replaced with DLTs, the licenses they have make them irreplaceable.

>>10615362
you think that comes from SWIFT?
I think this comes from accenture.

literally everyone can be traced back to them in some way, pic related (and thats not even all connections that run to them).
I think they are the ones that got tasked to bring all of these huge corporations on one table.
but who ordered them to do so?