• Jungle George 🌴
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    414 months ago

    I guess most people know a scam when they see one. More than I thought

    • Zos_Kia
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      114 months ago

      Even if you were extremely generous and didn’t factor in the scams in your analysis, the reality is that a Blockchain solves problems 99.9% of people will never face. This breaks the whole imagined model, when your product is ultra niche but relies on mass adoption for its security.

      • @[email protected]
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        34 months ago

        I still hope that it can be used to make efficient transparent democracy somehow 😂😅

        • knightly the Sneptaur
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          4 months ago

          There’s no benefit there that would be useful to anyone. If you need a public ledger then you can just do that and skip the crypto BS

          • @[email protected]
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            04 months ago

            Yea, I was talking about a public ledger where the people ruled by the government host nodes and verify that laws and other stuff decided by the government are all stored there to make it harder for politicians to lie because everyone has the truth and can verify it.

            Well something like this, I am not an expert in this, but I can imagine it having a use case there

            • knightly the Sneptaur
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              14 months ago

              I am an expert in this and cryptographic chaining of a public ledger is like large language models, interesting but ultimately useless.

              • @[email protected]
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                14 months ago

                I would not say that LLM are useless, just a bit overhyped

                I am way more efficient in learning to code having this text bot give me explanations e.g. what which kernel API does

                • knightly the Sneptaur
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                  14 months ago

                  But you have to check to make sure the chatbot isn’t hallucinating the answers it gives you, so you could be even more efficient by just looking it up in the first place and skipping the extra step.

                  • @[email protected]
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                    14 months ago

                    Well, I just run the code and see if it works, in like 97% (or even more) of the time, it works as the bot said.

    • @[email protected]
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      54 months ago

      Let’s ignore crypto for a second…

      People in the USA loose around $10.000.000.000 per year to scams according to FTC…

      • @ngwoo
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        114 months ago

        That number would be even higher if everyone used untraceable and non-reversible crypto transactions.

    • Zos_Kia
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      14 months ago

      Even if you were extremely generous and didn’t factor in the scams in your analysis, the reality is that a Blockchain solves problems 99.9% of people will never face. This breaks the whole imagined model, when your product is ultra niche but relies on mass adoption for its security.