That comment is not going to sit well with a lot of Blockchain advocates, did you really say blockchain/crypto has no use case outside of simple investment instruments? Lol you really think people on this forum will believe that.
would love to read on what the community has to say, does Blockchain/Crypto have use cases outside of simply being an investment instrument?
Some might take offense, I suppose, but I've pointed the same thing out in other posts and most people agree with me. After 14 years of Bitcoin trying to be something else, it has never evolved past a simple meme investment for almost all of its holders. People who have been around Bitcoin for a long time are tired of waiting for "something" to happen to prove this wrong.
As for blockchain as an architecture, I have posted here several times asking for
documented design wins for blockchain
as an architecture outside of the realm of crypt/NFTs. I've posted the same question in many other places as well. So far I have received
zero documented cases of blockchain increasing ROI, reducing costs, adding to customer functionality, and so forth--in other words, all of those things that every other new technologies are judged on (not that blockchain is "new" anymore).
And to be clear, I didn't say
all use cases, I said
most. Most holders of Bitcoin and other cryptos don't hold their own keys, for instance, which means they are not actually using blockchain. Very few people have a need to hide their transactions from government subpoenas, and are fine with the sort of privacy that a trusted company gives them like their bank or broker.
So there is clearly a
niche need for those needing to keep their transactions secret from governments, but that niche is pretty small.
