I agree with you on some points, other points I disagree. For cars, it can be a really useful thing to have everything safely stored on the blockchain. When I buy a second hand car, I really want to know the history of that car. When everything is safely stored on the blockchain, I would be able to check the whole history of that car. No matter if I buy a brand-new car, or a second hand ... This applies to many things more.
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What I mean by cheaper items is like for example a container that is worth like $5. There is no point in paying for the cost to add a chip for that and it wouldn't make sense because of the profit margins. I consider a car a more valuable product so it makes sense to know the blockchain history. What I am saying is that the crooks will find whatever loophole they can. So they could find a way to make the machine read certain values that make it look legit.
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