We don’t need blockchain to stop problems from happening because we have a [super efficient, cheap, accessible, well constructed] legal system to correct those problems when they occur.
We don’t need distributed ledgers to store the data because we can just trust Amazon Web services.
https://www.youtube.com/watch?v=15RTC22Z2xI I would love to hear the counterarguments. video is <15 mins, academic setting.
His arguments are:-
We don’t need blockchain to stop problems from happening because we have a [super efficient, cheap, accessible, well constructed] legal system to correct those problems when they occur.
We don’t need distributed ledgers to store the data because we can just trust Amazon Web services.
That’s a unique interpretation
You wanted counter-arguments.
Trusting the legal system (9m23s,11m34s) and Amazon (12m35s) are vastly inferior to what blockchain offers.
I did, and am still