Hacker News new | ask | show | jobs
by gregjor 195 days ago
> Since then, many corporations, governments, Wall St, and central banks have begun adopting public blockchains, especially Ethereum, and stablecoins.

Do you have actual examples other than companies enabling speculation or worse when they can safely take a cut? PayPal "adopted" crypto (and by extension blockchain) in the sense they will let me buy and sell for a fee. I see that as analogous to a grocery store selling cigarettes -- they haven't "adopted" or endorsed tobacco, they just sell it because they can make money.
1 comments
spir 194 days ago
One example is the potential for tokenization on public blockchains to provide a more globalized, automated, and efficient foundation, with stronger property rights, for global financial asset operations.

https://www.economist.com/by-invitation/2025/12/01/larry-fin...

link
gregjor 194 days ago
If I had a nickel for every claim about the "potential" of blockchain over the past almost two decades... I could almost buy one Bitcoin.

If blockchain has such potential why hasn't that turned into useful implementations or products? Surely enough time has passed to work out the details.

link