BitTorrent is selling for $140M to Justin Sun and Tron
This is going to be one of those huge historical moments when idiots/the greedy get screwed and we write about it later.Most tech people I talk to have realized Blockchain is useless outside of applications that require decentralized verification.You wouldnt use blockchain for social media, you wouldnt use blockchain for most download services, you generally wouldnt use blockchain when a centralized server is cheaper and faster.It costs more money to pay multiple people to verify. It costs less money for less people to verify.Not sure the detail I need to go on HN, but the understanding of blockchain on reddit is non-existent. They believe it can and should be used everywhere.This understanding has created uninformed youtube videos and ICOs that promise the moon.Then there seems to be people who work in tech that understand what is useful here, and whats hype.Most techies moved on, sure you own bitcoin because thats a real application of blockchain, but outside of Bitcoin there isnt anything currently useful.Ask a Tron owner about blockchain, that should be enough to show you how misunderstood crypto is, and how the people who own alt coins are going after money rather than tech.