• Passerby6497@lemmy.worldEnglish
    94·
    5 months ago

    I know nothing about Odysee other than including themselves amongst those shit brands tells me they’re likely full of shitheads too.

    Eta: lol, a media sharing site based on block chain. That’s all I need to know.

    • Alphane Moon@lemmy.worldEnglish
      66·
      5 months ago

      Yeah Blockchain is a massive warning flag.

      There are only two real use cases for Blockchain

      1. Financial speculation (very risky one, somewhat like trying to time a pyramid scheme)
      2. Various types of fraud
      • theneverfox@pawb.socialEnglish
        6·
        5 months ago

        No, there’s one use for Blockchain. An immutable public ledger with no trusted authority

        That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)

      • technocrit@lemmy.dbzer0.comEnglish
        41·
        5 months ago

        AKA

        1. Investment (very profitable if you stick to the large market caps and avoid obvious trash like Odysee/NFTs/shitcoins)
        2. Decentralized finance
      • 0x0@programming.devEnglish
        24·
        5 months ago
        1. validating financial transactions (in regular markets/banks/etc),
        2. ensuring data integrity (i.e. tamper-proofing) in databases,
        3. spotting people who talk out of their ass