Open up the monthly newsletter, and there's an article about how NFTs could revolutionise the industry

mfw :pika-cousin-suffering:

  • Sphere [he/him, they/them]
    ·
    2 years ago

    Well, blockchain is sort of a new technology, but it's one that solves a problem that wouldn't be faced in a leftist future. The goal of blockchain is to create a fully decentralized system in the absence of trust between actors. But a communist has no need for decentralization; the state can act as a central authority to maintain the system. And an anarchist has no need for decentralization without trust; anarchists can simply gather together for key-exchange meetings, allowing them to know which keys represent which actors, and assign the appropriate level of trust to each.

    • ShittyWallpaper [they/them]
      ·
      edit-2
      2 years ago

      :this:

      The blockchain is, at its heart, a public, immutable, decentralized, trustless data structure. If you don’t need all 4 of those properties, there are better infrastructure and design choices for any subset of combinations of them.