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/biz/ - Business & Finance

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10021973 No.10021973 [Reply] [Original]

Blockchain tech can be useful and widely adopted without the use of coins/tokens. In fact, it would have had more success already if this was the case.

>> No.10022044

How do you provide an incentive for carrying out the proof of work necessary for the operation of a Byzantine resistant permissionless trustless blockchain in your little version of reality my retarded friend?

>> No.10022063
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10022063

>>10021973

People who say this are the kind of people who read a few articles, and think they understand blockchains and smart contracts or anything at all.

That kind of statement is such a great filter to tell your talking to something who thinks they know a lot but in reality know nothing.

>> No.10022079

>>10022044
Lol this

>> No.10022082

>>10022044
Fiat

>> No.10022089

>>10022082

makes no fucking sense

>> No.10022093

>>10022063
b-but m-muh DLT

>> No.10022099

>>10022082
That's a pretty terrible answer but I think if you were to actually think that through you would basically end up with Proof of Stake.

>> No.10022100
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10022100

>>10022044
Not only does this post have nice digits, it is very much correct. The "box" has already been opened and cannot be shut.

>> No.10022979

>>10022063
Its true. I've heard so many smug yuppies talk about how useless bitcoin is and they never know anything. Just regurgitating some dumb shit from the msm.