Blockchains exist in the cloud, that is, all the data lives on anonymous servers housed in warehouses (or someone's basement) scattered all over the world. Well, maybe not in North Korea. Cloud-computing makes sense, as long as you have reliable communications. I mean, I use it. I try and keep most of my stuff on Google Drive, saves me from having to make backups, which I was never very good at. Plus it doesn't cost me anything, other than privacy, but somebody is paying to use it:
"When it comes to cloud computing, Google is far behind Amazon and Microsoft. Last year Google pocketed an estimated $3 billion in revenue from cloud services. Amazon and Microsoft, meanwhile, generated about $27 billion and $10 billion, respectively." - Michael del Castillo
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