Topic: What are your views on blockchain in decisionmaking? (Read 150 times)

Blockchains can't solve all the world problems ..

How does a blockchain stop your wife from shagging the next door neighbour?..
So lets not pretend blockchain will solve all the problems this earth throws at us ..

Liars/Scammers can make blockchains < NO THEY CANNOT ..

That's what they scam you by       saying they can when they clearly can't..
Blockchain with batman wings on it  And yes many fall for it

decision based on info from a radio broadcast - being in a blockchain does not give the information any more credibility. WRONG..

i mustn't say anymore   to many looking for ideas to scam people with..

All depends on the information  ..

The blockchain is just a record that cannot be altered.

AI has nothing to do with blockchain.

A normal person will make the same decision based on info from a radio broadcast - being in a blockchain does not give the information any more credibility.    Liars/Scammers can make blockchains too.

Look at Quickseller - he has always stated he has more than 100 BTC to lend - rich by the normal member's standard.   Yet he holds onto 20btc  stolen from another scammer like it is all he had.

What's even more confusing to me is that he gives up his avatar for mere pennies compared to his wealth.  Makes me wonder if he is just bullshitting about his wealth and the stolen BTC is all he has...

Imagine no law in BITCOIN  meaning the law didn't care what happens   it's decentralised and no law will get involved then what do you think will happen if everyone knew no law in BITCOIN?..

Common Bitcoin scams and how to avoid them - Lovemoney
https://www.lovemoney.com/news/.../common-bitcoin-scams-and-how-to-avoid-them
11 Dec 2017 - Scams involving Bitcoin are rising almost as fast as the value of the cryptocurrency itself. The value of a single unit of Bitcoin was just under ...

Bitcoin price: Fraudsters using surge in cryptocurrency to trick people ...
https://www.independent.co.uk › LIFE › Tech › News
29 Jan 2018 - Bitcoin and other investments are being used to lure people into scams, the UK's ... surge in cryptocurrency to trick people into scams, financial regulator warns ..... The rise of bitcoin's price and the interest in buying it has also led to an ... On 3 January, binary options became a regulated investment product, ...

If people knew no CENTRALISED BODY as in the LAW  then how much more would go on?..
So can blockchians have no Central body?  ANSWER NO i say..

Blockchains are good for coding commands so that these commands get done   because us humans are not very good at taking commands we are always trying to break them ..

Imagine a safe with a digital lock  why is it locked ?  because us humans are not good at taking commands
like stay out my money safe   so we proceed to lock them ..

And that's why Blockchain is born   so commands can be met as best as they can ..

But decision making no because it cannot see the future outcomes it can only TRY to see the future and the future we all see is not to get ROBBED ..That's why it's CRYPTIC ..

No one stole be no point in blockchain at all ..
Central is way way faster and cheaper to run FACT..BUT because of greedy thieves like politicians stealing taxes just 1 of many i could go on but because of the fact of theft we have blockchain..

Dilution of monies is a form of theft ..They stole your taxes spent them borrowed more then it got diluted ..
Because they borrow off the future at a higher cost in interest so goods go up and you end up working for less monies ..

And here we are today making blockchains because we don't trust anyone FACT ..
It's to save humanity from getting robbed and costing the law less meaning less taxes going on law
meaning more monies for homes and schools and what not..
 
But we will always need a central body to enforce things ALWAYS ..
No law enforcement then your blockchains smart contacts are useless to everyday life ..

Not very good ..Why you ask?..

Sometimes many times us humans think we made the right choice but never ..
I payed you     1 year later i am not happy      my house fell down and you built it ..

So how does a blockchain make a right decision ?..
Can a blcokchain correct the future with no law enforcement?..

Imagine a smart contract    if the time wait is to long on an escrow because of no trust then waiting to long
is not good    other means faster than blockchain to receive your monies goods or work in a faster manner..

Now imagine a smart contract with no central body to enforce it on a blockchain if both parties fail what happens then the blockchain LOCKS them both out for breaking the contract..
So they both loose?..

What happens if everything is ok at the start i pay you out but later after i payed you because i agreed
to pay you and you are happy   what happens if my home falls down 1 year later who do i see?..

Well no law because everyone saying a decentralised world and a decentralised world has no police to enforce anything so the smart contract on the blockchain has to enforce it how i will never know ..

Send heavies to collect?..Then i blow your head off as soon as you knock on my door NO LAW
Remember it's a decentralised world    MAD MAX WORLD ..

Blockchain elections? Decentralized consensus? Roundtable voting? AI that makes decisions on our behalf? Centralized government registries?