Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

What underlying serious societal problem are we solving, though, really? Was the world awash in crime resulting from fraud via database manipulation?


Yeah, I'd like to know the answer to your question too. The original Bitcoin whitepaper proposed the decentralized ledger in order to enable Bitcoin transactions. But somehow that got warped into decentralized ledgers being the cure for all that ails the world.


Not to mention whatever fraud crypto might prevent is replaced by an entire fraudulent industry.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: