What Problem Blockchains Solve
There is not one actual practical problem blockchains solve. It&#x27;s a get rich quick &#x2F; pyramid scheme built on top of a theoretical concept that appeals to nerds but doesn&#x27;t work in the world we live in.<p>The same issues persist, they&#x27;re just packaged&#x2F;framed differently - and, due to lack of regulation and norms to mitigate them in the real world, can still be exploited.<p>People were complaining that Google eats up so many engineers to solve ad-problems but the whole blockchain space is much worse - what a colossal waste of human and ecological resources.