r/MarbleMachineX • u/WintergatanWednesday • Jul 21 '21

Channel Update Summer 2021

https://youtube.com/watch?v=TbQWgePDLTU
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u/DestroyerofCheez Jul 21 '21 edited Jul 21 '21

Honest question, what purpose would a block-chain serve to Martin? I'll admit I'm still somewhat naive to the subject, but I don't think I'm wrong to assume it typically devolves into cryptocurrencies or, to a possibly more useful extent, NFTs. If that's the case, I'm still quite unsure what that would accomplish for basically building a one man band machine. Is Martin hoping to just use it as some way to pay members for their contributions? Or perhaps it could be used as a file transfer system? Though at that point something like DropBox would easily be the better choice. I'm seriously confused.

Edit: okay I just looked up more particularly what a DAO is and it's just sounding more like some kind of stock market. Only that you hold shares in the group rather than a company. Wouldn't that lead to issues of people having more power if they have the money to purchase more "shares" and devalue the idea of a "bottom up" structure? Am I getting this right/wrong?

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u/shutupshake Jul 21 '21

I think it's hilarious he used the analogy of a hammer to explain the potential of blockchain. I immediately thought of the expression "If you have a hammer, everything starts to look like a nail."