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RE: 3 Problems Cryptocurrency Solves

in LeoFinance3 years ago

When people talk about cryptocurrency, they forget to mention the underlining technology that makes cryptocurrency worth anything--blockchain technology. one major selling point of blockchain is pure ownership.
For the stripper example, there are centralised services that are digitalized but don't offer the stripper ownership of her platform. This problem is solved by decentralised platforms where people can sell their services and still retain ownership of their platform.
Imagine what this would do in the gaming industry. it's happening already on splinterland, people own the cards they buy and can do with it as they see fit, unlike most centralised platform where you are given a license to use the tool you purchase and you can easily be kicked out if they so please. This gives even non-pro players the opportunity to earn from their gaming activity. The opportunity is endless.
ownership is a big deal. Possible the most appealing thing about cryptocurrency/blockchain technology.

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Also with gaming, once you leave the platform, all that you bought ends up as gone. With Splinterlands, the cards are resident in a wallet, not on the gaming platform.

For the stripper example, there are centralised services that are digitalized but don't offer the stripper ownership of her platform. This problem is solved by decentralised platforms where people can sell their services and still retain ownership of their platform.

Without a doubt the ownership of everything is changed by blockchain. Not only is it money but also data, images, content, and whatever else gets tokenized.

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