• rafoix@lemmy.zip
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    4 days ago

    It is inherently less useful than cash and basic electronic monetary transactions.

    Progress is measured by what something does rather than why it could do.

    • iByteABit@lemmy.ml
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      4 days ago

      Much of historical research was seemingly useless for a very long time until some progress in unrelated fields enabled them to suddenly become very useful. I prefer to be open minded about technology, not tying it to the way its used by the current time and political system we are living in

      • rafoix@lemmy.zip
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        4 days ago

        So far, crypto is a massively wasteful endeavor. It wastes extreme amounts of power while also hoarding computer hardware.

        It’s a speculative asset which cannot be used for as money. It only has value as long as hype exists.

        • iByteABit@lemmy.ml
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          4 days ago

          Not talking about its usage as a speculative gambling asset, I’m talking about the blockchain as a part of computer science

          • mfed1122@discuss.tchncs.de
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            3 days ago

            Yeah I think since we’re on Lemmy it’s easy to think otherwise, but after spending a bit in these comments I’m noticing a shocking amount of tech illiteracy. Maybe it’s not fair to call it illiteracy for something as technical as blockchain? But it kind of reminds me of people debating about quantum physics after watching a Michio Kaku YouTube Short. Like… Y’all actually do not know what you’re talking about.

            Anyways, my point is a lot of people here probably don’t even understand what blockchain is in ANY sense beyond “something for crypto which is scams”.

    • mEEGal@lemmy.world
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      4 days ago

      Some ideas aren’t applied everywhere or at all (e.g equal rights for women in Afghanistan). Does it mean discussing them in those places is useless ?

      • rafoix@lemmy.zip
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        4 days ago

        Are you comparing human rights to speculative assets?

        I’m talking about technological progress only.

        • mEEGal@lemmy.world
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          4 days ago

          Well the fact that you call them speculative assets is part of the problem. Bitcoin wasn’t invented to be this, but as an alternative to centralized banking after the Subprimes crash of 2008. The creators’ intentention was very diffirent

          But you’re right, I should’n be comparing it to human rights. As a simpler example: the fediverse has huge potential but it’s disregarded virtually everywhere or simply unknown to the vast majority of people. I see it as progress nontheless.