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[–] 68 points 1 year ago (5 children)

The certificate/signature part seems okay for verification.

It's the transferable virtual deeds being sold that are the scam. I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.

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  • [–] 54 points 1 year ago (1 child)

    Wait just a second! You have a bridge for sale? Tell me more.

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  • [–] 17 points 1 year ago (2 children)

    Well first of all, it allows travel between point A and point B, usually above the ground

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  • [–] 3 points 1 year ago (2 children)

    And time travel! But you have to drive real slow for it to work

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  • [–] 3 points 1 year ago (1 child)

    Or you could travel at any speed.

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  • [–] 1 point 1 year ago* (1 child)

    Well not 299,792,458 meters per second. The time travel effect becomes more effective the slower you are from that

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  • [+] 1 point 1 year ago* (last edited 1 year ago) (1 child)
  • [–] 1 point 1 year ago (1 child)

    Did, did you follow me here from an argument you lost, call me pretentious, on a time travel joke, and attempt to correct my measurements on the speed of light with which can only be a grossly over simplified and wrong result for the speed of light?

    Oh my god, that is precious! I’m saving this one. So did you want to ruin everyone else’s vibe here and get to answering for your self from that other thread? Or like take the L and move on?

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  • [–] 1 point 1 year ago (1 child)

    Joke's on you: I constantly time travel for free!

    Granted, it's always in the same direction and at the same rate of time change, but no fancy bridges are required.

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  • [–] 17 points 1 year ago (1 child)

    I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.

    Yeah, that's possibly the most famous scam in history (people selling deeds to the Brooklyn Bridge), enough to where "I've got a bridge to sell you" is a figure of speech for calling someone gullible or naive.

    And then despite the world knowing about the Brooklyn Bridge scam, the cryptobros actually went and found a bunch of suckers to fall for the exact same scam, only with blockchains instead of notary seals.

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  • [–] 2 points 1 year ago (1 child)

    The virtual deeds would be great for game licences and trading second hand games online

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  • [–] -1 points 1 year ago (1 child)

    There's not much difference between a government run land registry and a decentralized land registry

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  • [–] 2 points 1 year ago (1 child)

    except that the government run land registry can deal with disputes in a flexible and fair manner. A blockchain with smart contracts cannot.

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