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This kind of starry eyed delusional exaggeration is why btc/eth/ico, etc. are seen with suspicion in places like HN. Blockchains is an area of active research,
by lz400 9y ago
This kind of starry eyed delusional exaggeration is why btc/eth/ico, etc. are seen with suspicion in places like HN. Blockchains is an area of active research, they are nowhere near the most important thing in any amount of time, for now they are just promising, time will tell how far they get. But even the marriage of this promise to current early implementations like bitcoin/eth is pure lunacy. People are getting mad on get-rich-quick schemes and price speculation, not on the promise of the technology. At this point we should be starting over every 3 months and dropping and experimenting all over the place, not tying billions of dollars on early adopter versions and spending years in internal wars when the inevitable need for improvement and evolution happens.
- Alex3917 9y agoFor the record I have no position on whether or not the current blockchains will be the winners of the space. When I talk about the transformative potential of blockchain I'm talking about the idea of realtime triple-entry combined with authenticated data and smart contracts, not about BTC or ETH or whatever. Clearly this stuff needs another 5 - 10 years until it's ready for mass adoption, and requires lots of new mathematics and technologies that haven't even been invented yet.
- lz400 9y agoWell then you should be as shocked at the transformation of an exciting research field from a technical pursuit to a den of scammers, con artists and desperately ignorant speculators. That's why you see the attitude you see in HN.