this post was submitted on 22 Jul 2023
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I was searching info on a crypto scam and saw that now reddit has jumped on the crypto bandwagon too? Everything must be on a blockchain for some reason

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[–] TigrisMorte@kbin.social 4 points 1 year ago (3 children)

blockchain != crypto

the technology is no more the scam than eggs are a cake.

[–] whatsarefoogee@lemmy.world 4 points 1 year ago (1 children)
  • Linked to Ethereum mainnet.
  • Earn and Spend points
  • Tips
  • Network fees

It's a crypto currency, and ethereum is a blockchain. Blockchains have little use outside of cryptocurrency. A cake mold to a cake would be a better comparison.

[–] TigrisMorte@kbin.social 2 points 1 year ago

That is simply not true. Blockchain is a ledger and nothing more. Just like accountancy is more than just banking, blockchain is more than just crypto.

[–] db0@lemmy.dbzer0.com 1 points 1 year ago* (last edited 1 year ago) (1 children)

You're wrong there. The only use case of blockchain is cryptocurrencies .

[–] TigrisMorte@kbin.social 3 points 1 year ago (1 children)

false, as proven by the simplest of research such as provided in reply to my initial comment.

[–] db0@lemmy.dbzer0.com 2 points 1 year ago (1 children)

It isn't, as your link shows, no other successful use other than cryptocurrencies or things explicitly tied to cryptocurrencies exist. There's theoretical uses, sure, but nothing practical. Ipso facto it's just for cryptocurrencies.

[–] TigrisMorte@kbin.social 1 points 1 year ago (1 children)

And there goes that goalpost! Moves like the wind.

[–] db0@lemmy.dbzer0.com 0 points 1 year ago (1 children)

My goalpost is still there. The only practical use of blockchain is cryptocurrencies.

[–] TigrisMorte@kbin.social 1 points 1 year ago

other than that isn't the statement you made which I refuted, sure.