[webspaceadam]

First i thought it is a promising idea and a cool new technology. But after some research and usage in an university project i really changed my mind. Most "use"-cases that come to mind are better served with classical "money". And what really gets me furious is the fact, that everyone tries to use the solution blockchain for their problem. When really it is ONE solution for a specific kind of problems. So that's my changing thoughts on the topic blockchain. Would really appreciate informative links that don't praise it as an asset in the end.

[hansvm]

One property cash has is that you can transfer it freely -- Visa can't decide they don't like your business and shut you down overnight if all your customers are paying in cash. Cryptocurrencies afford a similar guarantee for long-distance payments, without the fraud potential in, e.g., wire transfers.

Classical solutions running out of a database almost certainly could work better, but historically the middlemen involved have been unwilling to relinquish that level of control and just serve as dumb infrastructure.

[webspaceadam]

You can use other service providers where you can send money as you want, don't you? paysafe and other stuff that is used primarly on adult content sites :D

You are right regarding visa and other middleman of course. But it is not a problem most people have, isn't it?