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I want to believe this argument so badly, but it's been 7 years and we still don't have a widely used application related to it. How much longer do we have to w

I want to believe this argument so badly, but it's been 7 years and we still don't have a widely used application related to it. How much longer do we have to wait? While we're on this topic, why are all Ethereum projects so damn meta? Like, the top dapps are all recursively related to Ethereum in some way (like wallets for ethereum, different ways of spending ethereum etc.) If a technology is new and exciting, shouldn't it be relevant outside of its own little meta-bubble? Like Amazon, for example. Buy stuff without going anywhere. It uses the internet but doesn't somehow recursively relate to it. Where's a similar dapp today?

deevolution 9y ago
ARPANET adopted tcp/ip in 1983. That's a solid 16 years before the beginning of the internet bubble. Blockchain is far from being a mature technology.
- acdha 9y ago
  That's a tricky comparison: network connections were expensive and computers which could run an operating system which supported TCP/IP cost more than your car until the 90s. In contrast, everything anyone in the world needs to use Bitcoin has been a commodity from the day it launched. The difference is that the average person doesn't have a need which would motivate them to use it. As soon as networks became available, people jumped on them because there were tons of things they could do: download software, chat, shop, find a date, read the news, etc. Bitcoin hasn't found that draw yet — literally the only time I've heard a non-technical person mention it was because they'd heard about a VC investing in a startup and they were wondering whether they should buy some in case the price goes up.
conanbatt 9y ago
I share the anxiety. Bitcoin has such a beautiful potential to move money from country to country, but you cant use it for that comfortably yet. If only that use case were to become successful, it would provide tremendous value.

deevolution 9y ago

ARPANET adopted tcp/ip in 1983. That's a solid 16 years before the beginning of the internet bubble. Blockchain is far from being a mature technology.

acdha 9y ago
That's a tricky comparison: network connections were expensive and computers which could run an operating system which supported TCP/IP cost more than your car until the 90s. In contrast, everything anyone in the world needs to use Bitcoin has been a commodity from the day it launched. The difference is that the average person doesn't have a need which would motivate them to use it. As soon as networks became available, people jumped on them because there were tons of things they could do: download software, chat, shop, find a date, read the news, etc. Bitcoin hasn't found that draw yet — literally the only time I've heard a non-technical person mention it was because they'd heard about a VC investing in a startup and they were wondering whether they should buy some in case the price goes up.

conanbatt 9y ago

I share the anxiety. Bitcoin has such a beautiful potential to move money from country to country, but you cant use it for that comfortably yet. If only that use case were to become successful, it would provide tremendous value.