I firmly believe that the blockchain, and a lot of crypto stuff in general, is snake-oil, and a solution in search of a problem, but dns seems like a place where it could be useful. Am I wrong? As a blockchain-hater, I would love to be.

  • amino@lemmy.blahaj.zone
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    8 days ago

    hence the inherent problem with crypto. you’re always gonna end up with fascist billionaires at the helm when you essentially implement a vote determined by how much bro-tokens you own.

    I’m not aware of any blockchain implementation that isn’t just a reskin of late stage capitalism.

    they call it “decentralized” when most of Bitcoin’s mining power is centralized in the hands of a few shadow companies and for the proof of stake model it’s centralized in the hands of a few wall street bros