Blockchain
Post #7817 · source on Telegram
Just Put Crude Oil on the Blockchain to Move It Anywhere
Description
A screenshot of a tweet from X.com by verified user Peter Berezin (@PeterBerezinBCA, chief global strategist at BCA Research, shown with a suit-and-tie avatar). The tweet reads: 'You guys are overcomplicating things. Just put crude oil on the blockchain so that it can be moved seamlessly anywhere in the world.' followed by a truncated link 'x.com/econberger/sta…'. The 'X.com' wordmark appears top right. The deadpan satire mocks the 'put X on the blockchain' solutionism of the Web3 era - distributed ledgers can move tokens representing oil, but conflating data with physical logistics is exactly the category error blockchain pitches kept making
More like this
More like this in Blockchain →
Use J and K for navigation
Comments
4Comment deleted
Works great until someone runs the oil through a mixer for privacy and it comes out as 10,000 unrelated barrels
The smart contract executed perfectly; the barrel is still waiting for a tanker.
and it will be TRANSPARENT Comment deleted
real Comment deleted