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Phil_Britt
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Phil_Britt,
User Rank: Light Sabre
10/28/2017 | 9:22:35 AM
Re: Centralized "blockchains"
While I agree that at some point governments will look to have some oversight, so far block chain governments have stayed on the sidelines while block chains have shown tremendous growth. 
mhhfive
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mhhfive,
User Rank: Light Sabre
10/22/2017 | 1:07:32 PM
Re: Centralized "blockchains"
It doesn't have to be that way. I could imagine that a network of self driving cars might each have a "private" mode for when the owner doesn't want to lend out the car for the public mass transit system you describe.
mhhfive
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mhhfive,
User Rank: Light Sabre
10/22/2017 | 1:03:17 PM
Re: Centralized "blockchains"
Governments can't really track criminal transactions made in cash now -- unless you count "marked bills" or certain bank heists? Arguably cryptocurrency is even better for tracking because there's an immutable public record of all transactions. A cryptocurrency doesn't *have* to be anonymous! A cryptocurrency designed for a BigBrother govt would even be more trackable than our current monetary system.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Light Sabre
10/22/2017 | 10:20:21 AM
Re: Centralized "blockchains"
@kq4ym: The problem with that is then, with all of these cars interconnected, you officially make public roadways mass transit -- as every car operates for grander efficiency purposes instead of for the individual owner/operator's purposes. You take away the very essence and benefit of road travel if you do this.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Light Sabre
10/22/2017 | 10:18:44 AM
Re: Centralized "blockchains"
@mhh: Nice thought but won't happen. Governments want to be able to more clearly track monetary transactions for law-enforcement and national-security purposes.
kq4ym
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kq4ym,
User Rank: Light Sabre
10/21/2017 | 3:37:04 PM
Re: Centralized "blockchains"
That would be one of the interesting uses, i.e. allowing those driverless cars to automatically account for themselves, much in the same vein as IoT devices which will eventually be in the billions will be able to "think" for themselves and coordinate when even in less than super secure situations with unknown operators whose security might be very variable.
mhhfive
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mhhfive,
User Rank: Light Sabre
10/19/2017 | 11:09:35 AM
Re: Centralized "blockchains"
It will be fascinating to see if any government adopts a cryptocurrency for its actual monetary system. I'm skeptical that any government will relinquish control of inflation, but there are several countries that don't exactly have much control over their inflation rates anyway.

But blockchain tech (without the coins) might hopefully secure voting records and social security payouts someday. Maybe we can do away with the insecure Equifaxes of the world by using blockchain tech to record everyone's credit transactions.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Light Sabre
10/17/2017 | 5:29:51 PM
Re: Centralized "blockchains"
@Mitch: For now, though, enthusiasts are riding high at >$5.2k per.

In any case, I fully understand and appreciate the demand for decentralized, limitedly traceable currency. As it is, we get tracked too much with our credit cards, debit cards, and checking accounts -- and cash transactions are increasingly viewed with suspicion (not to mention the problem that people face when they want to withdraw a large amount of cash -- and are told no!).
Susan Fourtané
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Susan Fourtané,
User Rank: Blogger
10/16/2017 | 12:40:08 AM
Re: Centralized "blockchains"
Daniel, exactly. Preventing counterfeiting is a great use case for Blockchain. Continuing with my thought on retail, by using Blockchain technology retailers can make sure about the authenticity of the products following every step in the supply chain. You can use a mix of Blockchain technology and 3D printed smart tags scannable by a smartphone to fish for counterfeits/prove authenticity of a product.
Susan Fourtané
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Susan Fourtané,
User Rank: Blogger
10/15/2017 | 11:51:25 PM
Re: Centralized "blockchains"
Indeed, Mitch. Also, retail can make a good use case for blockchain. Remember when retailers jumped onto the online marketplace boat back in the 90s? Retail was then changed forever. The same impact can happen with blockchain.
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