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I think we're both in agreement that a blockchain is just a glorified database. That said, there are advantages to a blockchain over a database:

With a database, you can only do what the county auditor (or equivalent) lets you do / what their ui lets you do. With a blockchain, you can build things on top of it, fractionalized ownership, simple transfers, etc. It's basically a permissionless database that anyone can build on top of vs a database shoved in a closet at the county auditors that you can only use via their api and ui.



You're still limited by what the country will allow you to get enforced legally. So there is not really any advantage.




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