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by pnpnp 969 days ago
> So everyone you interact with knows where you work, how much you earn, what you own, where's your house, what you buy, what groups you belong to... and they can keep tracking you forever if you tell them who you are just once.

Granted public blockchain is a lot more discoverable, but a lot of this already is public. Property ownership is public (at least in the US), credit cards sell your data, facebook knows which groups you belong to, etc.
2 comments
dale_glass 969 days ago
Not nearly to the same level, and a lot of that is proprietary info. Facebook collects lots of data but doesn't like to share it.
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pnpnp 969 days ago
Some of it is, but things like property ownership are completely open in some countries. I have a map overlay that lets me see ownership for parcels.

Granted you can have an LLC own property, but that's a different obfuscation mechanism.

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sydbarrett74 969 days ago
Blockchain is a solution in search of a problem. Conventional technologies can do the same thing with far less overhead. The issue is that they're 'conventional' and not 'new/shiny/sexy'.

New doesn't always mean better, and it's often objectively and demonstrably worse than what preceded it.

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pnpnp 969 days ago
I'm not defending blockchain, just pointing out that part of the example wasn't really a good one. Property ownership being something that's already completely public.

I have a public map overlay on my phone that gives me deed information for (AFAIK) every parcel I can see in the USA.

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