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Blockchain only has 2 legitimate uses (from an economic standpoint) as far as I can tell. 1) Bitcoin figured out how to create artificial scarcity, and got eno
by buffalobuffalo 1y ago
Blockchain only has 2 legitimate uses (from an economic standpoint) as far as I can tell.
1) Bitcoin figured out how to create artificial scarcity, and got enough buy-in that the scarcity actually became valuable.
2)Some privacy coins serve an actual economic niche for illegal activity.
Then there's a long list of snake oil uses, and competition with payment providers doesn't even crack the top 20 of those. Modern day tulip mania.
- 9rx 1y agoSounds like LLMs. The legitimate uses are: 1) Langauge tasks. 2) ... I can't even think of what #2 is. If the technology gets better at writing code perhaps it can start to do other things by way of writing software to do it, but then you effectively have AGI, so...