| > The point is technology evolves and blockchains offer an alternative to record keeping that is an improvement over existing systems. You've yet to show it's an improvement. > Ultimately courts are the enforceability layer of the government, but that does not make blockchains useless for the purposes of property record keeping. Of course it does. For example, immutability of the record makes everything but the most trivial of cases very complex or impossible: - every single case in the linked comment https://news.ycombinator.com/item?id=27212564 is made worse by the blockchain - death, incapacitation, loss of access to wallet/private keys and many more: https://news.ycombinator.com/item?id=27217681 > This seems like your inner bias coming out. No. This is the result of many, many such discussions where crypto absolutists fail to imagine any but the most trivial of cases (and even those work only barely, with a bunch of constraints and reliance on existing centralised mechanisms). And for anything outside of those trivial examples they invent more and more bizarre constructs that make the whole thing collapse under its own weight. > I'd invite you to try and look at the technology objectively, I have > because there are some really exciting and cool things happening in the space. We've heard this magic mantra being repeated ad nauseam for the past 10 years. There's still nothing exciting or cool coming out of this cesspool. |