re: Do you know of any effective Blockchain use cases? VIEW POST

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re: Only Bitcoin. Other uses would require connection between physical and digital world. But wealth transfer can exist in digital. So no, other uses r...
 

I'm not sure bitcoin solves a problem that was unsolvable before blockchain came, and it certainly is not effective, at least energy-wise.

 

It definitely does because there were a dozen attempts to create digital money but Bitcoin was the first to succeed thanks to it's decentralized nature. POW is not ineffective, it's the only way to secure the network and create a valuable asset. You cannot create money out of thin air.

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