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- cross-posted to:
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Shuji Utsumi, Sega’s co-CEO, comments in a new statement that there is no point in implementing blockchain technology if it doesn’t make games ‘fun’.
The thing is that the word “blockchain” leaves a bad taste in people’s mouths after all the pyramid schemes and scams, and false advertising by silicon valley companies using the word to get investments. There’s nothing actually wrong with blockchain technology and it has real usecases, but I do understand why people are sceptical. It’s sad really, bitcoin was never meant to be an investment platform.
Precisely.
The worst part is that anything decentralized gets coopted by crypto bros. For example, I want to make a lemmy-compatible, distributed service, as in instead of federated instances, you’d donate some of your storage to use the service and a few people would set up gateways to connect people. But pretty much every time I try to look up documentation, it’s all about cryptocurrencies. What I want is:
I think it’s completely feasible, but I got tired of sifting through all the cryptocurrency nonsense. There are plenty of hard problems to solve (i.e. what does moderation look like if everything is immutable? What about illegal content?), but the easy stuff is unnecessarily difficult because of the weird association it all has to cryptocurrencies.
This is why we can’t have nice things…
Bitcoin was designed to gain value over time by making minting more bitcoins increasingly expensive. I don’t think speculation was the intended use, but widespread adoption would be strangled anyway by making holding onto the bitcoin more profitable than most things you could buy with it.