Do, or do not use a blockchain

in #bitcoin8 years ago (edited)

There is interesting post about blockchain on medium.com - Don’t use a blockchain unless you need to

The post contains interesting arguments, although with some I can not agree. Bitcoin is used for two main reasons - hide money or drugs market? Really? Largest Czech online retailer Alza started accepting Bitcoins and I do not think that they are selling drugs :-)

Disagree

Blockchain is a new and not mature technology with some flaws, but have to wait for some time until it will be more matured and adopted widely. That's why I think blockchain will unlock new innovative options that we will have to wait for.

What is your opinion?

Oh... and take a look on paragraph where Steemit is mentioned...

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Interesting article indeed. I agree that the first part about money laundering and drugs could have been left out, cause it's not constructive criticism. On the other hand, what comes after (and especially last paragraph) sounds reasonable. Purely "business results oriented" startup should focus on solving client's issues instead of "fooling around with buzzwords".

Another way to look at things is: Blockchain will fuel future innovations, so learning how to utilize it is a good investment - if you can afford it. It all depends what your business is trying to achieve at the moment. If one is striving to be a tech pioneer, let them use Blockchain tech. If company's sole purpose is to make money... solve a problem for client the easiest way.