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Swift explores blockchain interoperability to remove friction from tokenised asset settlem

Posted on 6/6/23 at 9:38 am
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 6/6/23 at 9:38 am
But crypto is dead so none of it matters

quote:

Chainlink, a leading Web3 services platform, will provide connectivity across public and private blockchains for these experiments.


LINK


Chainlink token needed?


This post was edited on 6/6/23 at 9:42 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422470 posts
Posted on 6/6/23 at 9:43 am to
quote:

But crypto is dead s

Nobody is saying the tech is dead. There is a great space for enterprise use of a ton of tech that came from crypto sources.

The outlook for consumer applications are not looking great, though.

Hell, even during the boom, consumer applications were shite. You had to get through 100 shite coins before one had any real logic/use.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 9:44 am to
quote:

explores


Guessing this experiment will end like all other ventures into potential use cases... failure.

Remember that long ago when Australia was going to use blockchain for its stock exchange. They only wasted 170M before abandoning it altogether.

Posted by The Baker
This is fine.
Member since Dec 2011
16163 posts
Posted on 6/6/23 at 10:17 am to
quote:

crypto is dead
Crypto will persist. Who will hold it back once anyone over 65 is no longer around?
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 10:27 am to
quote:

Who will hold it back


Everyone since outside of speculation there is still no real world use case
Posted by The Baker
This is fine.
Member since Dec 2011
16163 posts
Posted on 6/6/23 at 10:36 am to
quote:

outside of speculation there is still no real world use case
Ah, I understand who you are now.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 10:38 am to
quote:

Ah, I understand who you are now.


No idea what that means, but please give me your real world use cases.

Plus I think my stance on crypto has been known for many years at this point on this board at least.
This post was edited on 6/6/23 at 10:40 am
Posted by The Baker
This is fine.
Member since Dec 2011
16163 posts
Posted on 6/6/23 at 10:45 am to
quote:

but please give me your real world use cases.

Beyond a store of value and a medium of exchange?

EDIT: Also, What I mean is that you are an individual who missed the crypto bull runs a few years ago or someone along the way condescendingly told you that "you just don't understand the technology" during an argument so you've probably been emotionally invested in the demise of crypto as a response. There are a few people like you that I've encountered and my presumption is that it's highly unlikely that either of us are coming away from this discussion convinced of something different than what we already believe... and I shouldn't get sucked into a Tigerdroppings debate that is fruitless on a work day.
This post was edited on 6/6/23 at 10:56 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422470 posts
Posted on 6/6/23 at 11:28 am to
quote:

What I mean is that you are an individual who missed the crypto bull runs a few years ago or someone along the way condescendingly told you that "you just don't understand the technology" during an argument so you've probably been emotionally invested in the demise of crypto as a response.




Posted by DeathValley85
Member since May 2011
17176 posts
Posted on 6/6/23 at 1:09 pm to
quote:

No idea what that means, but please give me your real world use cases.


You could have just read the article in OP

Instead you read the headline and said “this won’t amount to anything”. Riveting analysis ole chap
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 2:06 pm to
quote:

Beyond a store of value and a medium of exchange?


Yes speculation... so no?

quote:

Also, What I mean is that you are an individual who missed the crypto bull runs a few years ago or someone along the way condescendingly told you that "you just don't understand the technology" during an argument so you've probably been emotionally invested in the demise of crypto as a response. There are a few people like you that I've encountered and my presumption is that it's highly unlikely that either of us are coming away from this discussion convinced of something different than what we already believe... and I shouldn't get sucked into a Tigerdroppings debate that is fruitless on a work day.


Typical response.. enjoy the rest of your day
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 2:07 pm to
quote:

Instead you read the headline and said “this won’t amount to anything”. Riveting analysis ole chap


Come back when it is a real world use case. Instead of another example of trying to fit blockchain into something where there are numerous better solutions that already exist.

I am sure we can dig up an article in a few years, where they said they tried but it did not amount to anything. The examples are numerous.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10400 posts
Posted on 6/6/23 at 5:02 pm to
Not this crap again.

Crypto can do anything a bank can do but cheaper and faster. Sorry you are 15 years late on learning about this. I'll continue earning interest lending for a considerably higher rate than your savings account.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/6/23 at 7:02 pm to
quote:

I'll continue earning interest lending for a considerably higher rate than your savings account.


What are you getting these days on your CEL, UST, USDC, and other risk free tokens
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 6/6/23 at 7:42 pm to
quote:

I'll continue earning interest lending for a considerably higher rate than your savings account.


I’ve been screwed by Voyager, Celsius, and FTX… this ain’t the flex to go to
Posted by SDtiger16
San Diego
Member since Oct 2012
601 posts
Posted on 6/6/23 at 11:49 pm to
What about Bancor?
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 6/7/23 at 9:47 am to
Forgot about them. Yup
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422470 posts
Posted on 6/7/23 at 9:59 am to
quote:

Crypto can do anything a bank can do but cheaper and faster.


Like implode and prohibit withdrawals?
Posted by GhostOfFreedom
Member since Jan 2021
11710 posts
Posted on 6/7/23 at 10:11 am to
Blockchain is a great technology with a ton of use cases.

NFT not coins, imho. With NFTs, documents can be secured with the history recorded and traceable - think legal documents like wills and property ownership.

Real life items like coins, art and even animal breeds can be tracked.

How about voting? A blockchain voting system would be radical.

Anyway, it is a great technology.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40857 posts
Posted on 6/7/23 at 11:58 am to
quote:

How about voting? A blockchain voting system would be radical.


Why Electronic Voting is a Terrible Idea
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