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This. McKinsey/BCG/others makes presentations to banks executive boards saying Distributed Ledgers are the future and you need to get onboard if you want to s

This. McKinsey/BCG/others makes presentations to banks executive boards saying Distributed Ledgers are the future and you need to get onboard if you want to survive. Now every IT department head will try to do nonsense distributer ledger stuff for his promotion/bonus and business department heads will be OK because they don't want to be blamed for missed opportunities.

JumpCrisscross 9y ago
> because they don't want to be blamed for missed opportunities It sounds more rational than that. Blockchain announcements make headlines. And blockchain headlines are driving stock prices [1]. There are numpties in the mix, but I don't think it's them. [1] https://www.bloomberg.com/news/articles/2017-12-21/crypto-craze-sees-long-island-iced-tea-rename-as-long-blockchain https://www.bloomberg.com/news/articles/2017-12-21/crypto-cr...