@isodee.bsky.social

"To give a sense of the scale of the inefficiency, analysis we did in the Biden administration gave an example of Walmart’s blockchain usage that was up to 50 million times (not a typo) less efficient, in terms of compute, than a traditional database configuration."

Crytpo: There's just no legit use case for it. But, man, are these bros lobbied up.

Our looonnnggg take on why private digital currencies and the blockchain are an accident going out to happen.

econjared.substack.com