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submitted 4 months ago by hal_5700X@sh.itjust.works to c/technology@lemmy.world

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[–] Alphane_Moon@lemmy.world 0 points 4 months ago* (last edited 4 months ago) (3 children)

Yeah Blockchain is a massive warning flag.

There are only two real use cases for Blockchain

Financial speculation (very risky one, somewhat like trying to time a pyramid scheme)
Various types of fraud

[–] theneverfox@pawb.social 6 points 4 months ago

No, there's one use for Blockchain. An immutable public ledger with no trusted authority

That's useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn't belong)

[–] technocrit@lemmy.dbzer0.com 3 points 4 months ago* (last edited 4 months ago)

AKA

Investment (very profitable if you stick to the large market caps and avoid obvious trash like Odysee/NFTs/shitcoins)
Decentralized finance

[–] 0x0@programming.dev -2 points 4 months ago