this post was submitted on 28 Oct 2024
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[–] zxqwas@lemmy.world 23 points 1 week ago (3 children)

Like with any new technology. Remember the blockchain hype a few years back? Give it a few years and we will have a handful of areas where it makes sense and the rest of the hype will die off.

Everyone sane probably realizes this. No one knows for sure exactly where it will succeed so a lot of money and time is being spent on a 10% chance for a huge payout in case they guessed right.

[–] HawlSera@lemm.ee 21 points 1 week ago (2 children)

There's an area where blockchain makes sense!?!

[–] troyunrau@lemmy.ca 3 points 1 week ago

Git is a sort of proto-blockchain -- well, it's a ledger anyway. It is fairly useful. (Fucking opaque compared to subversion or other centralized systems that didn't have the ledger, but I digress...)

[–] zxqwas@lemmy.world 2 points 1 week ago

Cryptocurrencies can be useful as currencies. Not very useful as investment though.

[–] Manmoth@lemmy.ml 7 points 1 week ago

It has some application in technical writing, data transformation and querying/summarization but it is definitely being oversold.

[–] Mwa@lemm.ee 4 points 1 week ago

Yep, Ik ai should die someday.