• jj4211@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    4 days ago

    The one thing people are doing is piling a whole bunch of money ‘on a blockchain’. That use case is very much alive and all the problems it has on that front are precisely due to the nature of a blockchain in an economic context. Wildly varying valuation day to day, massive resource usage for relatively small volume of transactions, low throughput of transactions, a ledger that lets everyone know your financial activities.