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I've gotten to the point where I automatically and instantly discount any theory that proposes blockchain as a solution. I'm not saying blockchain technology will never be a good solution to a real world problem, but I have noticed that it is very often an ignorant assertion of faith rather than an argument based in fact. It walks like a religion and quacks like a religion, so I'm not sure why I should think it's something other than a religion.

> It walks like a religion and quacks like a religion, so I'm not sure why I should think it's something other than a religion.

This is such a good way to describe the current state of blockchain.

It's a cult. And mostly spread around by people who are trying to increase the price so they can sell and profit off other people. It's a giant ponzi scheme, and wealth redistribution.

But I think the technology has promise. We just haven't bothered explore real applications of it, because we're too busy trying to use it to make a quick buck at someone else's expense.

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