I spent much of last week at blockchain conferences, and I’m about ready to never hear the word again. This despite the fact I’ve been supporting decentralized software, as a counterweight or at least alternative to the growing power of governments and megacorps, for years now . Do you think blockchains are no answer? Great, let’s discuss! I wholeheartedly support you skeptics with whom I cautiously disagree. What I can’t stand, it turns out, is an endless sea of true believers nominally on my side . The believers are twofold, and the two groups grate differently. One group is there almost purely because there is money in the space: Wall Street types hoping to rule a new asset-tokenized world which may come to be; financial startups offering blockchain versions of existing financial tools; new marketplaces just like old marketplaces, except On The Blockchain, and therefore better. It’s all too easy to envision a future in which the collective vampire squid that is the financial indus...
Comments
Post a Comment