some fucking shitty crypto thing got """"hacked"""" and """"lost half a billion dollars"""" to """hackers"""" and this is their response lmaopic.twitter.com/BRMZPaEjqU
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It is very simple. There is nothing on the blockchain but digital information. Anything physical (real estate, groceries, cars, clothing, houses, wood, metal) can only be tied to the blockchain by police, courts, and law. Period. End of story.
What are you going to do when someone says "I own this plot of land" and you say "no, I own it, look here on the blockchain" and they say "I don't give a shit about the blockchain"? What do you think a "smart contract" is going to do?
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