Immutable distributed ledgers, by contrast, have found no use cases other than crime and financial speculation in coming up on twenty years. Exactly how long do we have to wait for these interesting uses that are “surely” coming?
“list them”
“oh I can do that in this other convoluted way that doesnt solve any of these users goals or problems”
“I’m not the target audience for that so it doesnt count”
“ah so financial speculation, that doesnt count despite being the largest application and sector on the planet”
“marketcap doesnt matter and isnt indicative of anything in that economy, I would rather hold digital assets at a separate different standard than every other asset on the planet out of total ignorance that my same arguments apply to asset classes that I respect”
“see I proved my point for myself, there is no use case after 17 years, classic HN”
“those are strawman arguments despite all conversations following this same predictable path enough for any language model to regurgitate it verbatim”
>”list them”
If you are arguing that something exists, then being asked to prove its existence is table stakes, not poor arguments
You starting with a strong argument in your list of bad arguments and then ending with shit that mocks anyone calling you out makes me believe that you are not discussing this topic in good faith
yes, that means we are at an impasse. use the search, ask an LLM, if even that is too much initiative for a quite outdated skeptic to take even now then I can’t help you
there are hundreds of billions, maybe trillions in volume going through financial services on blockchains and it doesn’t matter if financial services isn’t a sector you care about or are the target audience for, there are people there who will pay to solve problems they have
and yes that is a tiny fraction of all financial services volume at all, or even involving crypto assets.
I was referring to the traffic onchain as that’s what’s interesting
permissionless liquidity providing in unincorporated partnerships is still novel and unique to those platforms and highly lucrative. on assets that dont need permission to be listed anywhere.