No, you are correct. You could do it the way you claim. Build in workarounds, try and get everyone to use less efficient tech, try and fix problems of errors and fraud, but I don't think it ever will happen. It's not going to replace a database? So why do we need it?
Centralized control will always be faster and more efficient and less fragile. Errors can be fixed, fraud can be blocked. Fans of blockchain would be a lot less certain that the tech had value if they were unable to shill a token.
Why isn't Apple jumping in to use them? They could set up their own blockchain right? Well, because the central issuing authority doesn't want to lose control of them. Why aren't ticket resales on the blockchain? Because the central issuing authority doesn't want to lose control of them. And that's what you will run into, every time.
All the things you claim that will be able to be done with the blockchain can already be done. So yeah, I guess we'll wait and see.
Centralized control will always be faster and more efficient and less fragile. Errors can be fixed, fraud can be blocked. Fans of blockchain would be a lot less certain that the tech had value if they were unable to shill a token.
Why isn't Apple jumping in to use them? They could set up their own blockchain right? Well, because the central issuing authority doesn't want to lose control of them. Why aren't ticket resales on the blockchain? Because the central issuing authority doesn't want to lose control of them. And that's what you will run into, every time.
All the things you claim that will be able to be done with the blockchain can already be done. So yeah, I guess we'll wait and see.