Good point raised by @pmarca: although Blockchains can't prevent fraud all on their own, they do make fraud much easier to detect.
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To be clear, there are some simple transactions where Blockchains do make fraud very unlikely, eg two-party escrow: http://blackhalo.info/wp-content/uploads/2014/06/whitepaper_twosided.pdf …
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@paulbaumgart#blockchain implemented is math alive on transistors. Transistors controlling#robots is perfectly possible.Thanks. Twitter will use this to make your timeline better. UndoUndo
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