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by AndrewKemendo 2757 days ago
when you want to build an interparty database-driven application, and cannot find a suitable place to put the database, because of business concerns or regulation

Technology can't solve this problem.

If multiple entities need to coordinate inside a mutually used product don't trust each other, then the problem is structural and needs to be solved with interpersonal, regulatory or political action.

1 comments

Annnnd... if you have a structural problem which cannot be corrected via interpersonal, regulatory, or political action, then what do you do?
Quit and start over, or move. That's why people migrate between countries or quit jobs.
Ah, if only it were that simple.
No need to be glib. The kinds of situations that are being discussed as the best for blockchain are literally the most intractable - hence why I said it was not a technology solution.

If you're in a situation where cryptocurrency is the best solution for currency, then you're probably in a lawless wasteland with abjectly destructive governance systems.

Seems like in that circumstance moving is the right answer.

I'm not being glib, I'm observing that the global system of passports and visa controls makes "moving" nearly impossible. I nearly pulled it off just over twenty years ago, but I failed, and now I'm permanently stuck back "home". Cryptocurrencies won't help, they're just another way to do capitalism.