this post was submitted on 18 Aug 2023
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[–] [email protected] 1 points 2 years ago (1 children)

You’ve said a lot of words but you still haven’t explained how crypto actually solves these problems.

That's because it doesn't, it wasn't meant to. Crypto is not meant to be THE all-in-one solution that solves all of our problems. It solves a tiny subset of our problems, namely, how do we share a database without trusting each other. Other questions such as the enforcement of contracts is outside the scope of blockchain technology as it should be.