Blockchain will revolutionize the internet. Refute this

I was thinking about how far ahead of its time Silk Road was. Sipmle, effective online marketplace using Bitcoin. Like an amazon with bitcoin.

>I was thinking about how far ahead of its time Silk Road was. Sipmle, effective online marketplace using Bitcoin. Like an amazon with bitcoin.
I can't believe DPR did something so fucking stupid. I can only assume that they found him out some other way and then used that email thing as a scapegoat.

>Blockchain will revolutionize the internet. Refute this.

It's been around for 10 years and not a single fucking thing aside from variants of Bitcoin use it. Because it has no other use.

Computers were around for nearly 30 years before they went mainstream. Or is that somehow different because it disproves your argument?

Because technology, if useful, is now rapidly adopted if it can be used on a ubiquitous platform, like a computer. The fact that nobody has thought of anything useful for blockchain in 10 years is exactly my argument. The fact you can't refuse my point and instead delve into what-about-tism also proves my point. At least provide a hypothetical case use to back your argument up.

see
^ based and redpilled, internet is like forty fucking years old kiddo and it is still growing, billions of users are coming in

I don't think most people fully appreciate how much value is about to be created from seemingly thin air because of the exponential growth of network effects, shut up be humble and strap your bags in or regret it 5-10 years from now(or sooner)

thank me later

>Because technology, if useful, is now rapidly adopted if it can be used on a ubiquitous platform
>The fact that nobody has thought of anything useful for blockchain in 10 years is exactly my argument
You are literally talking in circles. You are arguing that markets and the adoption of technology have become absolutely perfect within the past decade and that because effective systems have yet to be put into place they will never be.

The sheer arrogance and retardation of that stance is astounding. You want a use case? Look at literally any bank that is currently adopting blockchain technology. Go read the fucking Davos clips about how blockchain is useful. What a fucking stupid argument holy shit.

>Markets and technology adoption are PERFECT because otherwise I'm wrong

That "Application Protocols" part, I remember Mike Novogratz talking about this. He mentioned something like if Uber were a DApp and had Duber tokens, you have an extra incentive to stay loyal to that dapp because you're invested in the network.

>The sheer arrogance and retardation of that stance is astounding. You want a use case? Look at literally any bank that is currently adopting blockchain technology. Go read the fucking Davos clips about how blockchain is useful. What a fucking stupid argument holy shit.

It's useful! We just can't find a use for it yet!

Literally meme tier. It's overhyped and adopting it duplicates methods that have already been adopted. Every bank that has looked into blockchain has eventually realised it doesn't work as well as their current system.

>It's useful! We just can't find a use for it yet!
Except there are literally dozens of uses for it and adapting and adopting takes time you goddamned dishonest mongoloid.
>Literally meme tier. It's overhyped and adopting it duplicates methods that have already been adopted. Every bank that has looked into blockchain has eventually realised it doesn't work as well as their current system.
Like fucking what? VISA and Fidelity which are both adopting blockchain systems? IBM using it? Quorum which was developed by J.P Morgan?

Please feel free to back up your claims because I can back up mine.

>The fact that nobody has thought of anything useful for blockchain in 10 years is exactly my argument

>nobody has done x in y amount of years
>therefore nobody will ever do x

bulletproof argument. Literally irrefutable.

Attached: brainlet1.jpg (645x729, 34K)

>it's not perfect in all aspects from the very beginning
you are a retard
it's still evolving dickhead

>Except there are literally dozens of uses for it and adapting and adopting takes time you goddamned dishonest mongoloid.

You seem upset. A little too over-invested in your shitcoin?

>Like fucking what? VISA and Fidelity which are both adopting blockchain systems? IBM using it? Quorum which was developed by J.P Morgan?

Kek, literally companies tinkering around with blockchain technology and not knowing what to do with it. It's called hype. Pokemon Go has had more of an impact on the world.

>JPMORGAN: Blockchain is overhyped and won't change the world anytime soon

>A new report released this week by JPMorgan poured cold water on blockchain technology, saying it wasn't likely to transform the global payments system.

Why? Because all those systems are already highly digitalized. It's not solving anything new, and the Blockchain system is generic, it's public domain. So unless you have a private equity stake in a company that MIGHT get a contract with some case use, somewhere, it's replicable. Which is fine. But I'd argue there have been things that have "revolutionized" the way the internet works since blockchain has come on the scene; widespread adoption of end to end encryption.

>Get proven wrong
>Immediately claim that the proof doesn't matter and they are just toying around with it
>Actually posting press releases for companies which actually mean nothing as they still keep pouring money into the technology
You really are a dishonest little fuck aren't you. It is always great when I encounter the likes of you because watching you try to bullshit your way through a lost argument is always hilarious. You should go tell your Rabbi you are improving.

That’s not blockchain. People just use bitcoin for it. Bitcoin is the only use of blockchain.

Show me one example of someone using blockchain in a revolutionary way...I’ll wait.

>Show me one example of someone using blockchain in a revolutionary way...I’ll wait.
trustless digital currency with no third party control, pretty fuckin simple dude. enjoy your government IOUs and magical credit numbers in a database faggot

I literally haven't lost any argument. You're getting mad because you can't think of any case use beyond the mere hypothetical adoption of blockchain for payment system back-ends at ... banks - and you say I need to call my Rabbi? Lel.

Banking back end payment systems are not an internet "revolution", friend.

And as the bank system in place currently work you're shilling vapourware blockchain solutions.

I already said bitcoin is the only use. You just described bitcoin...

>bitcoin is the only use
XMR and ETH are good examples of alternative uses which work just fine. Right now they're mostly bullshit but they work great. IMO they should be incorporated into BTC but we see how that has gone

You lost three argument so far and started a new one each time. You keep moving the goalposts.

Tell me about yourself. How old are you? What do you do for a living? What is your ethnicity, religion and region? What are you currently invested in and why?

Answer these questions. If you don't want to answer most of them at least answer the last and be specific. I am done talking to you about blockchain because it is clear you are just going to bullshit through and through because you can't really refute any points. I want to know more about you.

I’m convinced the people that fud crypto are just larping that shit and actually are the Jew man trying to scoop up your bitcorns for pennies on the dollar

ETH is bullshit and doesn’t do anything.

XMR is bitcoin with added encryption.

Sorry if you don’t understand what I’m saying: shitcoins is the only application of blockchain. You can rename bitcoin as many times as you want and add bullshit features or say it is used to pay for a network...but it’s all the same thing and is blockchain’s only utility.

>Blockchain will revolutionize the internet
>How?
>The banks payment systems! Visa! JP Morgan will more efficiently move their digital shekels around!
>But bank payment systems are not an "internet revolution"
>How old are you? Where do you live? I need this information for mossad!

Ok Chaim.

I mean off the top of my head I could name like 5 potentially game-changing cryptos, but I think the best example is BAT.

Read up on what Brave/BAT is attempting to do with online advertising. BAT's just an ERC20 token so it's less about the technology and more about the application of the technology. Using a cryptocurrency to completely change online advertising industry is literally revolutionary.

There are hundreds of other ways people are changing the game with blockchain. You bring up a lot of tired old points that people used back in 2017. Bitcoin's market cap is currently $62,940,545,613. If you still think that number just reflects the universe's biggest ponzi scheme, then this discussion doesn't really need to go any further.

Attached: bat1.jpg (1600x1197, 172K)

Nigger are you actually retarded?

>Every bank that has looked into blockchain has eventually realised it doesn't work as well as their current system
>Point out all the banks that isn't the case for
>Some kike comes in trying to deflect it back
Begone kike.

No one cares about Bitcoin. You poorfaggots are the only ones. A much bigger concern to banks (or as you’d call them, Jews) is Amazon becoming an enormous, ubiquitous, user friendly bank. Bitcoin is such a clunky piece of shit that won’t have any significant impact on global finance ever. Maybe someone will find ways to use blockchain for an application in Amazon’s global financial take over, but right now it is largely useless.

>Jews are afraid of a company they can control and regulate
>Not afraid of a decentralized currency that they have no control over
Nigger you are retarded.

So, we agree. Visa's, JP Morgan's, whatever banks's hypothetical back-end payment systems do not constitute an "internet revolution".

So then, where is this blockchain going to revolutionize the internet, in a way that say E2E has for communications in the past 5 years?

>proven wrong
>can't concede a single thing, even if it's only a slight departure from his own position
m8 you are simply an asshole

No, but you sound like you are. Again: no one in wealth management gives a single fuck about bitcoin or blockchain. Just because you sit on Jow Forums and share conspiracy theories about Jews accumulating bitcoin doesn’t mean that reality reflects your ideas. I work in wealth management and my family goes back two additional generations in wealth management. I’m just giving you objective information.

This is you moving the argument once a fucking gain once you get proven wrong. You literally asked for banks and I gave them to you and then you ignored them only to later claim that you made an entirely different statement and used my response to your actual statement to prove it.

Age, occupation and investments and why or fuck off. I'm done with you until I get those things.

How was I proven wrong? Ethereum literally has no use cases of any merit. It is an academic endeavor. Monero is a fucking cryptocurrency. These don’t give these entities any unique real world use cases.

I know there are companies like Delta and UPS trying to use hyperledger-built applications for ease of access to information: but it’s all nowhere near the efficiency or cost-effectiveness of current methods. I’m not talking out of my ass. I’ve researched the fuck out of all of this and I wouldn’t invest in any of it at this point.

This isn’t objective information nigger. It is you acting like a nigger and putting your fingers in your ears while you act like you know everything and the absolute value of something which anyone successful in wealth management would never be stupid enough to think.

>Ethereum literally has no use cases of any merit
uncensorable, single-party gambling with real money. Distributed gambling. that's literally all that needs to exist. stop being retarded, we agree on like 95% of this, you're just being stubborn as fuck

If btc implements the opcodes for what eth can do I bet you'll be shouting it from the mountain tops you nigger

I asked for a case use that would lead to the "internet revolution"due to blockchain use.

You answered with some banks at that are "looking" at blockchain. Banks of all things? Banks are antithetical to blockchain but that's an argument for another day.

This does not constitute an internet revolution, nor the beginning of one. Even if every bank decided to ditch their current working digital systems tomorrow and adopt a blockchain variant instead, the internet has not undergone a "revolution."

What is tZero nigger. What are STOs.

Is this good or bad for link? I read tokens are bad because founders have to sell them for cash flow.

the pool of people who can understand your argument understood it 2+ years ago. what remains is retards, whether they're nocoiners or bagholders. you might as well try to teach civilization to niggers

Triple entry bookkeeping.

Double entry bookkeeping revolutionized and highly accelerated the world economy.

This is the new wave. Ps. Stay poor goldbugs.

Why was this posted to r link trader? This has nothing to do with link. Ctrl f link 0

The fuck are you on about?

using monero?

my understanding is that people use btc and monero hasn't seen much adoption, people are slow to adapt

>Triple entry
Fuck that let's just skip ahead and do quintuple-entry bookkeeping