• QuentinCallaghan@sopuli.xyz
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    2 years ago

    Blockchain can have practical use for fields like supply chain management, energy, banking and food industry. Do NFTs have this quality?

    • ree@lemmy.ml
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      2 years ago

      The words you’re looking for are databases and open standard. Blochains solves nothing

      • guojing@lemmy.ml
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        2 years ago

        Then show me a decentralized currency which doesnt use blockchain.

            • guojing@lemmy.ml
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              2 years ago

              Have fun renting a whole truck to transport the equivalent of a few grams of gold. Plus gold doesnt go bad.

          • guojing@lemmy.ml
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            2 years ago

            Good point, I should have said digital currency. Gold is great, but sadly you cant use it to pay online.

        • AgreeableLandscape@lemmy.ml
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          2 years ago

          Raw resources? Money as an entire concept is both irredeemably flawed and an extremely recent invention.

          Need food? Get food. Need metal? Get metal. Need a phone? Get a phone. Need healthcare? Get healthcare. If you distribute it so everyone gets a fair share based on their individual needs, there will be no need for money.

          • guojing@lemmy.ml
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            2 years ago

            I wouldnt call a few thousand years “extremely recent”. And like I said in my other comment, carrying and storing gold or money is a lot more practical than a truck full of vegetables.

            • Aarkon@feddit.de
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              2 years ago

              Money can exist outside a ledger. Bitcoin can’t, it literally is the ledger, and therefore not money.

    • AgreeableLandscape@lemmy.ml
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      2 years ago

      Banking was the original pitch for blockchain, sure, but supply chain management? Energy? Food industry?! What about any of those would not be just as well or better served by a regular database? Like, just a plain ol’ SQL server? Which would be easier to host and maintain, faster both in throughput and latency, and would be more energy efficient.