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Joined 1 year ago
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Cake day: June 13th, 2023

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  • actual, verifiable digital ownership… using a distributed database technology that is designed to require a massive amount of computing resources to update.

    I think where some of us who work in spaces using databases to verify something in critical business processes get stuck in accepting that blockchain has value is that our jobs have always been to verify “ownership” as quickly and efficiently as possible. We typically do this by defining a canonical source of truth and our success is judged on how many milliseconds transactions take and the datacener or cloud costs.

    Saying that everything about blockchain is “dumb” isn’t a very nuanced analysis… but it’s a understandable reaction to hearing the hype that blockchain is going to change everything for years.

    I’ve never seen anyone argue that the massively distributed nature or the public read access of blockchain technologies aren’t interesting. It’s the tradeoff that has to be made in speed and costs that make it hard for many of us to see any value in the approach for most applications.



  • I don’t own a timeshare. Feel pretty good about that decision.

    The numbers they were showing us seemed to make sense. If we spent an average of X on vacations for Y years compared to the cost of the timeshare and fees, the timeshare was cheaper AND we could trade our week in a ski area for timeshares anywhere in the world. How could we not buy into this? Might have signed, but when they told us we couldn’t take any of the information with us and had to decide NOW, I knew something wasn’t right. Had to say no for almost an hour, but but we were eventually allowed to leave the “no obligation presentation” required for our “free” weekend.

    When I did more research, I found dozens of people trying to unload their purchases for far less than the company was selling weeks to new members.

    I’ll NEVER own anything using that kind of sales strategy.