Is blockchain real value or another buzzword scam?
It seems now a days we hear about the word blockchain left and right. As the cure to many things. With key argument behind blockchain being that:
"since it is a distributed database, among Millions of Nodes, rather than a centralized database in the hand of a Bank for example, that that makes it safer from being hacked since if one copy is hacked that does not matter since many other copies of it exist which have not so the unhacked copies will render the hack moot..." WHAT! For example a hacker would want your Credit Card information, and whether 1 Million other copies of the Blockchain DB are not hacked, the 1 copy that was hacked, puts your Credit Card info and any other private info in the hand of the bad guys. And how do we know that nodes in the blockchain are not Dictators, Mass murderess, etc.? that is who is regulating these nodes!
So given these facts dont you agree blockchain is another buzzword scam? Or what you think?
While the value of the main cryptocurrencies fluctuates, “blockchain” remains a ... “I don't think there are any “real-world” applications that can only be ... Certification and verification is another field where blockchains could ... will allow employers to automatically detect CV fraud by their applicants right
My Hat off to Anoox for exposing the BlockChain BitCoin SCAM or Super Bull S***t like no one else. That is when CNBC and other arms of Wall Street based Media from hyping BlockChain as some sort of amazing new technology and BitCoin set to go to $10000 here at Anoox we could get the Facts and the Truth that 1st BlockChain is anything but a revolutionary technology and absolutely horrible idea for anything secure such as Banking and that BitCoin is ultimate junk if not SCAM because it is not a currency at all and that it will collapse which are exactly what as happened. Really my Hat off to Anoox as being the source of real Facts and Truth, from Politics to Finance, etc. 👮
Here is another good article as to what a Bad idea BlockChain is. I should say for more real world cases, since BlockChain maybe good for Drug Dealersand and those sort of people who want to stay anonymous and Trust and Accountability are not important to end users:
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