| > If you sold one of your TODO notes for $170,000 frankly I think that'd be a fair judgement to make. Other than the fact that people spend stupid money on stupid things [1], I'm not sure what your point is > You know you can do that with a database right? Literally, a database Yes, and this is a generic solution that applies to any kind of asset, and then software like 0x can plug in to trade said assets. Generic cases are always more complex than specific cases > trying to introduce complexity and inefficiency into the US government Well actually I'm trying to do nothing of the sort: As I said, it was an example of asset trading of something with intrinsic value, and not a valid use-case > I already trust the government to allow me to drive my car. Why on earth does this need to be decentralized? It has nothing to do with trusting the government, or driving a car. It has to do with transferring ownership information of an asset with intrinsic value between 2 parties, ensuring payment without relying on (possibly expensive) escrow You seem to be conflating a number of examples that I made to explain specific points to be a proposition of things that should actually be done [1] https://mentalfloss.com/article/54308/9-most-pointlessly-exp... |
The government is the entity that recognizes the change of ownership, it's not something you can do without their approval. Your change of ownership is being filed with the government and is available at their discretion - they can choose to block it. Car registration isn't for your benefit. If you require the government's approval you may as well store it in their database. I just saved you a blockchain :)