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Blockchain "technology" is fucking stupid and so are you. Here's why

there is no upside to blockchain "technology". it'...
razzmatazz arrogant background story
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Lemon ticket booth police squad
  05/26/17
...
Beta Navy Psychic
  06/21/17
It's coming...
Amethyst dilemma puppy
  09/15/18
Any updates?
razzmatazz arrogant background story
  10/21/18
...
pearly rigor kitchen
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
razzmatazz arrogant background story
  10/31/18
...
pearly rigor kitchen
  11/06/18
wait 2 weeks.
Aromatic boiling water lay
  08/13/20
...
razzmatazz arrogant background story
  06/13/22
where are we on this
motley marketing idea
  11/11/22
...
razzmatazz arrogant background story
  11/11/22
any progress on increasing the transactions per second?
Galvanic kitty
  05/26/17
proof of stake and longer down the road sharding. the eth...
Greedy idea he suggested field
  05/26/17
You have no fucking clue lol
razzmatazz arrogant background story
  05/30/17
he's actually right about that
Beta Navy Psychic
  06/21/17
No he isnt.
razzmatazz arrogant background story
  06/21/17
b-b-b-but THMART CONTRACTH!!
soul-stirring state
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Lemon ticket booth police squad
  05/26/17
lol so now we trust subhuman slavs?
lascivious cream native
  09/12/17
...
razzmatazz arrogant background story
  05/26/17
counterpoint: magical asian
deep chapel
  05/26/17
lol
aquamarine tantric doctorate
  05/30/17
...
deep chapel
  09/12/17
...
idiotic weed whacker
  09/12/17
except for the part where crypto gets capital flight from TT...
lake sickened resort corn cake
  05/26/17
this and silk road are literally the only way this has any u...
Big Bearded Nibblets Blood Rage
  10/21/18
...
razzmatazz arrogant background story
  10/21/18
*cue Kanye West - Black Skinhead*
claret underhanded spot karate
  05/30/17
why are so many big companies investing in this technology?
Translucent telephone
  05/30/17
They arent
razzmatazz arrogant background story
  05/30/17
...
chocolate razzle-dazzle lodge
  06/21/17
...
razzmatazz arrogant background story
  11/12/18
...
razzmatazz arrogant background story
  06/21/17
...
razzmatazz arrogant background story
  07/16/17
All these fortune 100 companies spending millions of dollars...
bateful nursing home
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
razzmatazz arrogant background story
  07/16/17
...
burgundy disrespectful menage laser beams
  09/08/18
Dumb liberal artist here. Any good links on this shit?
ultramarine parlor
  09/12/17
...
Exhilarant pungent whorehouse
  09/12/17
yeah I'd love to see a white paper on this
Arousing nowag rehab
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
razzmatazz arrogant background story
  10/21/18
...
razzmatazz arrogant background story
  09/08/18
...
razzmatazz arrogant background story
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
Blue locus
  09/15/18
...
razzmatazz arrogant background story
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
razzmatazz arrogant background story
  10/31/18
...
sepia titillating macaca
  10/31/18
Ouch
Bat-shit-crazy hyperactive step-uncle's house french chef
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
razzmatazz arrogant background story
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
razzmatazz arrogant background story
  10/31/18
...
180 Public Bath Private Investor
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
razzmatazz arrogant background story
  11/06/18
...
pearly rigor kitchen
  11/06/18
This is kind of a dumb article and paper.
multi-colored school cafeteria genital piercing
  11/12/18
(Dumb fuck)
razzmatazz arrogant background story
  11/14/18
just do compare apples to oranges
multi-colored school cafeteria genital piercing
  11/14/18
...
Spruce irradiated bawdyhouse roast beef
  11/12/18
no u
Translucent telephone
  11/14/18
"breaking news as corporate America discovers that &quo...
razzmatazz arrogant background story
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
razzmatazz arrogant background story
  11/21/18
A painful lesson
razzmatazz arrogant background story
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
razzmatazz arrogant background story
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Translucent telephone
  11/30/18
With zero real world use-case!
razzmatazz arrogant background story
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Translucent telephone
  11/30/18
...
razzmatazz arrogant background story
  12/11/18
...
razzmatazz arrogant background story
  08/13/20
...
razzmatazz arrogant background story
  08/13/20
ETH to 430 ofs
Federal associate
  08/13/20
...
razzmatazz arrogant background story
  01/11/21
...
razzmatazz arrogant background story
  01/21/21
...
razzmatazz arrogant background story
  01/23/22
Lol at xo
razzmatazz arrogant background story
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: razzmatazz arrogant background story

there is no upside to blockchain "technology". it's a database with comically low throughput that wastes an absurd amount of electricity. why is there such a a buzz about it? because people are stupid, especially when it comes to technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402847)



Reply Favorite

Date: May 26th, 2017 4:16 PM
Author: Lemon ticket booth police squad

proof of stake will eliminate the electricity problem, and ETH is on its way to implementing that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402868)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: Beta Navy Psychic



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611186)



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: Amethyst dilemma puppy

It's coming...

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815263)



Reply Favorite

Date: October 21st, 2018 2:56 AM
Author: razzmatazz arrogant background story

Any updates?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065915)



Reply Favorite

Date: October 31st, 2018 5:16 AM
Author: pearly rigor kitchen



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130633)



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: razzmatazz arrogant background story

https://coinmarketcap.com/currencies/boolberry/ Wow

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130637)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: pearly rigor kitchen



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168865)



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Aromatic boiling water lay

wait 2 weeks.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748584)



Reply Favorite

Date: June 13th, 2022 8:39 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#44678788)



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: motley marketing idea

where are we on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479273)



Reply Favorite

Date: November 11th, 2022 5:51 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479284)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Galvanic kitty

any progress on increasing the transactions per second?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402878)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Greedy idea he suggested field

proof of stake and longer down the road sharding.

the ethereum network has a fair bit of runway before it runs into severe scaling problems.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402898)



Reply Favorite

Date: May 30th, 2017 3:33 PM
Author: razzmatazz arrogant background story

You have no fucking clue lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429784)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: Beta Navy Psychic

he's actually right about that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611194)



Reply Favorite

Date: June 21st, 2017 4:35 PM
Author: razzmatazz arrogant background story

No he isnt.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611426)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: soul-stirring state

b-b-b-but THMART CONTRACTH!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402882)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: Lemon ticket booth police squad

so you think you're smarter than Vitalik Buterin and Vlad Zamfir?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402891)



Reply Favorite

Date: September 12th, 2017 5:03 AM
Author: lascivious cream native

lol so now we trust subhuman slavs?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191035)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402892)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: deep chapel

counterpoint: magical asian

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402896)



Reply Favorite

Date: May 30th, 2017 3:51 PM
Author: aquamarine tantric doctorate

lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429900)



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: deep chapel



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34190701)



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: idiotic weed whacker



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191038)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: lake sickened resort corn cake

except for the part where crypto gets capital flight from TTT countries due to being easy to buy, hard to seize. which makes your scamcoin moon.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402897)



Reply Favorite

Date: October 21st, 2018 3:11 AM
Author: Big Bearded Nibblets Blood Rage

this and silk road are literally the only way this has any underlying value

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065939)



Reply Favorite

Date: October 21st, 2018 3:13 AM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065943)



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: claret underhanded spot karate

*cue Kanye West - Black Skinhead*

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429795)



Reply Favorite

Date: May 30th, 2017 3:49 PM
Author: Translucent telephone

why are so many big companies investing in this technology?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429882)



Reply Favorite

Date: May 30th, 2017 3:52 PM
Author: razzmatazz arrogant background story

They arent

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429905)



Reply Favorite

Date: June 21st, 2017 4:30 PM
Author: chocolate razzle-dazzle lodge



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611375)



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217127)



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611077)



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786180)



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: bateful nursing home

All these fortune 100 companies spending millions of dollars on researching block chain should have really listened to OP!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786210)



Reply Favorite

Date: July 16th, 2017 10:34 AM
Author: razzmatazz arrogant background story

Yeah the research consists of: hey this shit is slow, inefficient, and insecure as fuck. We'll stick to AWS

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786216)



Reply Favorite

Date: September 8th, 2018 4:28 PM
Author: burgundy disrespectful menage laser beams



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770629)



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: ultramarine parlor

Dumb liberal artist here. Any good links on this shit?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191041)



Reply Favorite

Date: September 12th, 2017 12:54 PM
Author: Exhilarant pungent whorehouse



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192858)



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: Arousing nowag rehab

yeah I'd love to see a white paper on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192864)



Reply Favorite

Date: October 21st, 2018 3:08 AM
Author: razzmatazz arrogant background story

Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065937)



Reply Favorite

Date: September 8th, 2018 4:27 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770625)



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815086)



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: Blue locus

LOL brother: https://www.quora.com/What-are-the-advantages-of-blockchain-technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815301)



Reply Favorite

Date: October 25th, 2018 2:37 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37093414)



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: razzmatazz arrogant background story

https://www.innovationaus.com/2018/10/DTA-goes-cold-on-blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130625)



Reply Favorite

Date: October 31st, 2018 5:17 AM
Author: sepia titillating macaca



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130634)



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Bat-shit-crazy hyperactive step-uncle's house french chef

Ouch

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130640)



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: razzmatazz arrogant background story

https://i.imgur.com/lhGkMjw.jpg

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133416)



Reply Favorite

Date: October 31st, 2018 3:51 PM
Author: razzmatazz arrogant background story

https://twitter.com/MapleChangeEx/status/1056582662435954688

lmfao

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133432)



Reply Favorite

Date: October 31st, 2018 3:53 PM
Author: 180 Public Bath Private Investor



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133446)



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: razzmatazz arrogant background story

Energy cost of 'mining' bitcoin more than twice that of copper or gold

https://www.theguardian.com/technology/2018/nov/05/energy-cost-of-mining-bitcoin-more-than-twice-that-of-copper-or-gold

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168859)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: pearly rigor kitchen



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168864)



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: multi-colored school cafeteria genital piercing

This is kind of a dumb article and paper.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217156)



Reply Favorite

Date: November 14th, 2018 1:17 PM
Author: razzmatazz arrogant background story

(Dumb fuck)

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231225)



Reply Favorite

Date: November 14th, 2018 1:26 PM
Author: multi-colored school cafeteria genital piercing

just do compare apples to oranges

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231284)



Reply Favorite

Date: November 12th, 2018 2:42 PM
Author: Spruce irradiated bawdyhouse roast beef



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217133)



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Translucent telephone

no u

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231236)



Reply Favorite

Date: November 19th, 2018 1:53 PM
Author: razzmatazz arrogant background story

"breaking news as corporate America discovers that "blockchain tech" is just a slow fucking database"

https://mobile.twitter.com/katherineykwu/status/1062092777742389253



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37264039)



Reply Favorite

Date: November 21st, 2018 2:31 PM
Author: razzmatazz arrogant background story

https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

The firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington on Monday, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents seen by CoinDesk.

Creditors include the utilities provider in its Douglas County base, having a claim of over $310,000, and electricity provider Neppel Electric, which is owed almost half a million dollars.

Giga Watt has estimated assets worth less than $50,000, whereas estimated liabilities are in the range of $10–50 million, according to the court documents.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37277896)



Reply Favorite

Date: November 24th, 2018 11:58 PM
Author: razzmatazz arrogant background story

A painful lesson

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37295713)



Reply Favorite

Date: November 30th, 2018 4:21 PM
Author: razzmatazz arrogant background story

Lmao

We documented 43 blockchain use-cases through internet searches, most of which were described with glowing claims like “operational costs… reduced up to 90%,” or with the assurance of “accurate and secure data capture and storage.” We found a proliferation of press releases, white papers, and persuasively written articles. However, we found no documentation or evidence of the results blockchain was purported to have achieved in these claims. We also did not find lessons learned or practical insights, as are available for other technologies in development.

We fared no better when we reached out directly to several blockchain firms, via email, phone, and in person. Not one was willing to share data on program results, MERL processes, or adaptive management for potential scale-up. Despite all the hype about how blockchain will bring unheralded transparency to processes and operations in low-trust environments, the industry is itself opaque. From this, we determined the lack of evidence supporting value claims of blockchain in the international development space is a critical gap for potential adopters.

http://merltech.org/blockchain-for-international-development-using-a-learning-agenda-to-address-knowledge-gaps/

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328692)



Reply Favorite

Date: November 30th, 2018 4:25 PM
Author: Translucent telephone

IBM has a blockchain business

https://www.ibm.com/blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328711)



Reply Favorite

Date: November 30th, 2018 4:33 PM
Author: razzmatazz arrogant background story

With zero real world use-case!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328752)



Reply Favorite

Date: November 30th, 2018 5:38 PM
Author: Translucent telephone

What’s the potential ROI of IBM Blockchain?

We commissioned a Forrester Total Economic Impact™ (TEI) report to help you identify the cost, benefits, flexibilities and risk factors of working with IBM Blockchain. The research is based on Forrester’s TEI methodology, financial model framework and case studies, plus interviews with IBM Blockchain stakeholders and customers. Register now to watch our latest webinar and read the report to project your cost savings and the business benefits of working with IBM Blockchain.



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37329044)



Reply Favorite

Date: December 11th, 2018 3:43 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37390407)



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748579)



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752641)



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: Federal associate

ETH to 430 ofs

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752787)



Reply Favorite

Date: January 11th, 2021 12:56 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41730543)



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41798339)



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: razzmatazz arrogant background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#43834511)



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: razzmatazz arrogant background story

Lol at xo

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479243)