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Is running an app on ethereum still over 100x the cost to run it on, say, AWS?

I hear CEOs talk about how this will revolutionize the world, but realistically no one needs a cryptographically secure immutable ledger to validate that someone is the true owner of concert tickets or whatever.

I do wonder, if the only real-world application that needs a cryptographically secure immutable ledger, is cryptocurrency.




And the only real-world, non-criminal users of cryptocurrency are cryptocurrency speculators. To an approximation, anyway.




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