Hello,

I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.

is there any legitimate use cases of blockchains or it is all just a big scam?

  • BobrA
    43·
    2 months ago

    What are the alternatives?
    How else can you create decentralized permissionless money (you know, the thing it was created for in the first place, before people got an idea of putting monkey jpegs there)?

      • BobrA
        52·
        2 months ago

        So, I haven’t read much about it, but right on the page you’ve linked it shows banks on a diagram explaining how it works. If banks are involved, it is not permisionless - banks can block and censor transactions, they can refuse to open an account for you at all, etc.