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Joined 2 years ago
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Cake day: June 13th, 2023

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  • I have not. I’ve seen crypto be highjacked by scammers and grifters who spew a lot of pseudo-technical nonsense and try to hype their business that doesn’t exist. I’ve seen coins come and go after they’ve been successfully pumped and dumped.

    But I’ve never seen crypto solve a real problem.

    The idea behind a blockchain is great and the list of pros is long. But… still haven’t seen it implemented to do anything useful.

    I would like crypto to solve a problem.

    Like your suggestion - could crypto help solve famine? How, exactly? Crypto isn’t something you sprinkle on a problem to fix it. It’s a very fixed set of technical specifications. So how can that be used to solve famine? Is famine caused by the lack of a publicly accessible ledger that requires proof of work? Or is famine caused by inadequate logistics and local politics? How does crypto help us get freighters of grain from Ukraine to Sudan? How does it offload that grain and see that it’s transferred onto rail and trucks to reach people in need? How will it ensure warlords and corrupt officials don’t redirect that aid to their own interests?