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by eouw0o83hf 2637 days ago
If the government's records were up-to-date and perfect, the title industry wouldn't really exist. Having publicly-accessible digital records would make the concept of property ownership simple and deterministic to figure out.

And "my computer got hacked" is kind of a blanket argument against using technology in general - by that same argument you should probably never use digital banking/investment or anything online to manage your life, and nothing should ever be digitized.

1 comments

> If the government's records were up-to-date and perfect, the title industry wouldn't really exist

Why would a blockchain magically fix this?

> "my computer got hacked" is kind of a blanket argument against using technology in general

Many (most?) financial actions you can take with a computer can be rolled back if shown to be fraudulent, because the asset isn't stored on the computer itself. This is specifically not true of crypto assets.