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I suspect that much if not all of blockchain consulting (including bitcoin) will be regarded as opportunistic charlatanry by future historians. Blockchainism is
by tCfD 9y ago
I suspect that much if not all of blockchain consulting (including bitcoin) will be regarded as opportunistic charlatanry by future historians. Blockchainism is the alchemy of the internet age: a long, costly and (in the short term) counterproductive dead end quest to reify, through successive rounds of epicyclic tweaking, a fundamentally flawed system of philosophical premises that its most vocal and ideologically inclined proponents have mistaken for conclusions.
Yet just as alchemy inadvertantly fostered the development of the scientific method and attendant apparatus for quantification of natural phenomena, blockchainism may yield insights and instrumentation with similar impact potential, this time pertaining to the phenomena of human nature through quantification of social interaction and value formation process.