Hello,
I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.
is there any legitimate use cases of blockchains or it is all just a big scam?
Hello,
I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.
is there any legitimate use cases of blockchains or it is all just a big scam?
So, I haven’t read much about it, but right on the page you’ve linked it shows banks on a diagram explaining how it works. If banks are involved, it is not permisionless - banks can block and censor transactions, they can refuse to open an account for you at all, etc.