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I happen to agree with that but I don't think it could happen at this advanced stage. Would the SEC even allow it?
by HNNoLikey 9y ago
I happen to agree with that but I don't think it could happen at this advanced stage. Would the SEC even allow it?
- will_brown 9y agoWell as much of a joke as it sounds...this is truely what I believe will happen. 1. Tech community initially embraced Uber, drank the cool aid and echoed: better service, disruption of existing industry highlighting the NY medallion system as the worst example of a taxi monopoly stifling innovation. 2. Uber lost its appeal with stories of their disgusting corporate culture and cut throat/intimidation practices at best and outright illegal practices at worst, just as block chain and smart contracts are hailed as a decentralized solution to the "sharing economy" for things just like Uber. The tech community fell in love all over again, despite the obvious problems and unrealistic expectations of smart contracts. 3. When a blockchain Uber competitor/replacement does come around, it is going to be token based and idiotically the tech community will fall in love all over again, no recognizing the irony of replacing a taxi medallion with a expensive token.