this post was submitted on 07 Jul 2024
487 points (92.6% liked)

Memes

45715 readers
915 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] words_number 17 points 4 months ago

Without law enforcement, which is centralized anyway, your documented ownership is worthless. So if the state or a similar centralized real life organization, whiches existence people agree on, is needed to grant and enforce that ownership, blockchain is unnecessary. They can instead just store that shit in a database.