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by anotha1 1878 days ago
I never said no-value. And my opinion on the valuation is no better than yours.

I'm seriously wondering how many things you did this year where you were like "damn, I sure wish this were decentralized and cryptographically secure, yeah, that would make this 10X better for sure, yeah!"

1 comments

I'm not looking for a 10x improvement, I'm thinking of getting closer to the ideal. So many things are hidden behind layers of obfuscation and forced trust (authority). If society as a whole put many of these functions on chain, at least the hiding would go away.

Long term, I'd love to see fully open implementations of the justice system, education, political donations, property/ip rights, DNS, adtech, on the chain. I don't care if they make money, I'm not saying there are riches here. But I for one would have loved blind grading that is verifiably blind, when I was in school. Teachers had too much arbitrary power. I also would love to earn from my own advertising data, and willingly be able to give it to sites. I could keep going.

Blockchains are obviously a buzzword, and the current crypto hype isn't without plenty of scams. But revolutions don't occur in days or weeks. The push towards trustless and decentralized systems is happening right now, and in my opinion, benefits society. It could take decades to replace systems currently in place.