Ask HN: Am I going insane or is there genuinely no value in blockchain tech?
The sole purpose of blockchain is to prevent double spending without a trusted partyOther proposed applications are mostly dumb / misguided, like immutable storage, social network posts, etc, these can be done with hashing or digital signatures aloneIf you have a better way to avoid double spending than blockchain folks woukd get very excited. Traditional database can’t do that (requires a trusted party)