Not a real problem. Any civilized country has solved identity already.
> DAOs
A solution in search of a problem
> NFTs
Speculative. Game items, land registries and deeds are a solved problem. If your jurisdiction/company hasn't solved them already with Postgres and hardcopy it's because it's not interested in solving it or it's not a real problem, just a minor annoyance.
Most of the problems solved are not at their first iteration of solution. There will be a next one for most of them as well. None can deny that the crypto field opens opportunities for the next iteration of solutions
Even if they might do things better (which I don't see that happening; solutions are objectively slower and more cumbersome than centralized databases with audit logging), they appear to solve "problems" that aren't really problems.
There's a lot of things that classify as annoyances and inconveniences in the world. That doesn't mean that I'm willing to dump a boatload of cash to solve them.
Identity isn't currently a technological issue. Microtransactions aren't a technological issue solved by blockchains. Ledgers of most things in general don't have a trust issue that's solved by blockchains.
Technies being techies think that technology solves a lot of issues just by existing while completely discounting the issues of trust and control in institutions themselves.
Most blockchain problems are actually governance issues.
Thank you. This mirrors my experience to a T. It's always those same empty sets of phrases
"Just imagine all those possibilities."
"It may not be there yet, but the smartest minds are working together on it."
"How can you not see what the importance of this new infrastructure?"
"DAOs, NFTs, [insert new useless crypto tech of the day]"
If, just once, they could just provide a single real use case that would actually improve my life... I get it, crypto is great for buying drugs on the internet, money laundering, riding the hype train, speculative investment, and so on. But I just have never seen any real legitimate use case that would benefit from crypto.
Perhaps it means that this is a known problem with known working solutions. Countries that haven't solved identity are ones that either don't want to or can't, generally due to a mix of corruption and poverty.
Perhaps I am simply suffering a tragic failure of imagination, but I fail to see how adding a blockchain changes things substantially.
Being able to identify people via blockchain either requires them to remember some esoteric passphrase or an ID card with the identifier on it which...solves absolutely nothing.
> Countries that haven't solved identity are ones that either don't want to or can't, generally due to a mix of corruption and poverty
It's not a known problem because each country has its own context. That's like saying US healthcare problem can be solved just by doing what nordic countries do.
Not a real problem. Any civilized country has solved identity already.
> DAOs
A solution in search of a problem
> NFTs
Speculative. Game items, land registries and deeds are a solved problem. If your jurisdiction/company hasn't solved them already with Postgres and hardcopy it's because it's not interested in solving it or it's not a real problem, just a minor annoyance.