Brainlet here

Brainlet here,
what the hell is blockchain and why is everyone shitting himself over it?

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its a solution looking for a problem

a meme

It's the equivalent of this.

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>why is everyone shitting himself over it?
because people don't understand it when it's explained to them, so it must be the future

It's a database. That's it. That's all it is. Due to the nature of the hype machine, 'doing blockchain' is currently like having a dotcom website in 1999: nobody knows what it is, what it's for or what it does, but as long as the music's playing you gotta dance.

Decentralized way of using and sending money.
A way to keep (((them))) from fucking us over with inflation.
A bank can tell you what you can or can't buy. They can give you whatever interest rates they please. They can freeze your funds over nothing.
Fun fact: the current average wage in the USA has the same buying power of the average wage in 1979.
Yet average job productivity is up 40% from 1979. WHO could have benefited from this turn of events?
We've been fucked over hard.

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Install Gentoo

blockchain is the new 2018 tech buzzword like THE CLOUD used to be some years ago.

Its like theres this chain of blocks. Everybody has the exact same one. So there are multiple copies of the chain.
Each block on the chain has a math number attached to it. If you change what the block has inside it, you change the number for that block. This will break the whole block chain because the number of the next block is calculated using the number of the previous block.
This combination of everyone having the same chain, and all the blocks having to verify each other through math, makes it highly secure.
Thats why people care about blockchain.

shut the fuck up seriously you fucks are starting to annoy me

Fuck off to Jow Forums zoomer

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You know how when you download something from a nerdy website and it has a big bunch of letters and numbers next to the file name in slightly smaller font?

Well if you don't understand what that is what the hell are you going to get out of me explaining blockchain? It's a cryptographically-validated chain of information blocks.

An idea hijacked by the crypto meme by the Jews.
They want the people to use a common global currency that only they can control.
Crypto fags fell for the masked globalism

What's wrong with globalism

in simple terms, globalism is like a public unmoderated chat that newfags can go in and fuck shit up because there's no consequence for disrupting the integrity of the culture established by the oldfags.

A distributed database protected from fraud by game theory

That statement is somehow surprisingly accurate

But that's completely wrong.
Jews don't like crypto because it goes against their usual money making methods.
Most wont even touch it.
They want wages to be low and inflation to be high so people stay in debt forever.

Blockchain is old news user, what you really want to know about is DAG based crypto like Iota. No fees, no mining, instant transactions, infinite scalability, data transactions...It's going to blow blockchain out of the water.

its a buzzword at this point

>implying they want a decentralised economy

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