Attn: Advanced Crypto Bros For about 15 years I’ve been arguing for the followin

Attn: Advanced Crypto Bros
For about 15 years I’ve been arguing for the following uses of the blockchain technology.
1) a ledger.
2) a registry.
3) a stock in a corporation absent an exchange.
4) a store of value (if large enough to overcome volatility)
5) a method of circumventing the various banking impediments such as time delay, weekends, and escrow.
6) a method of banking the unbanked (bypassing check cashing services etc) for the poor.
7) a method of redistribution using multiple ‘money substitutes’ usable for different categories of expenses.
AND
I am skeptical of more sophisticated uses.
AND
And I’ve been consistently clear that the distributed architecture is inferior to centralized blockchain transactions because the tech is too slow, costly, and inflexible for a money substitute.
AND
That unless the state becomes a holder as they are with gold that the state will have an interest in developing a fiat “State-Coin” and can easily undermine the viability of alternatives.
SO
If you are not just some random fanboy but have some deep understanding of the viability of the tech for these purposes, I’d love to hear from you. (And I’ve built a number of 100M tech consulting firms serving the fortune 400. So it’s not as though I’m ignorant of the difference between a good tech on its face, and the practicality and incentives of it’s success in the marketplace.)
Thanks so much.
Let’s see what the fishing expedition yields. 😉


Source date (UTC): 2025-05-09 15:56:41 UTC

Original post: https://twitter.com/i/web/status/1920870547346649090

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