{"id":374,"date":"2018-01-16T20:36:11","date_gmt":"2018-01-16T20:36:11","guid":{"rendered":"https:\/\/blockchain-society.science\/?p=374"},"modified":"2018-01-16T20:36:11","modified_gmt":"2018-01-16T20:36:11","slug":"ten-years-in-nobody-has-come-up-with-a-use-for-blockchain","status":"publish","type":"post","link":"https:\/\/blockchain-society.science\/?p=374","title":{"rendered":"Ten years in, nobody has come up with a use for blockchain"},"content":{"rendered":"<blockquote><p><a href=\"https:\/\/hackernoon.com\/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100\"><img src=\"https:\/\/blockchain-society.science\/wp-content\/uploads\/litho\/2f518db2cd9a660a661f9846a0c5e231aa23af8c993cb9ccc2a1edd1acbd7902.png\" class=\"image-treated\" data-original=\"https:\/\/cdn-images-1.medium.com\/max\/1200\/1*kGDlamsjHWH8zjvq816ydg.png\" data-treated=\"https:\/\/blockchain-society.science\/wp-content\/uploads\/litho\/2f518db2cd9a660a661f9846a0c5e231aa23af8c993cb9ccc2a1edd1acbd7902.png\" \/><\/a>The government-backed banking system provides FDIC guarantees, reversibility of ACH, identity verification, audit standards, and an investigation system when things go wrong. Bitcoin, by design, has none of these things.<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/hackernoon.com\/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100\">Ten years in, nobody has come up with a use for blockchain<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government-backed banking system provides FDIC guarantees, reversibility of ACH, identity verification, audit standards, and an investigation system when things go wrong. Bitcoin, by design, has none of these things. Source: Ten years in, nobody has come up with a use for blockchain<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14,8,39,20,5],"tags":[],"_links":{"self":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/374"}],"collection":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=374"}],"version-history":[{"count":1,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/374\/revisions"}],"predecessor-version":[{"id":375,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/374\/revisions\/375"}],"wp:attachment":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}