this post was submitted on 25 Dec 2023
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Bωockchain
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bwockchain is not a technology of the future, buttcoin is a scam.
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To be fair, there are plans for a (international) bank exchange system based on Blockchain. Right now it's either things like "Swift", trust, or physically shipping gold.
Blockchain allows for a system where they just have to trust the system, as a whole, and not individual banks, or the governments above them.
This is the only useful use for block chain I've seen, that isn't better served in another way.
There's generally significant trust between national level banks. So long as they have some sort of trust in the countries involved, it can't be intercepted by a 3rd country.
So one clear use case is to have a plan to have a use case? Totally legit