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Based on my observation we are reaching PeakBlockChain(tm): 1. Half of the posts in my LinkedIn use words block chain - they are not coming from usual P&D crow

Based on my observation we are reaching PeakBlockChain(tm): 1. Half of the posts in my LinkedIn use words block chain - they are not coming from usual P&D crowd. I'm seeing lawyers post "Where are all the #ladies of #blockchain. So inspired by #blockchain diversity efforts!" 2. I cannot go to a restaurant/bar/cafe/coffee shop in NYC without hearing someone next to me talking about blockchain and awesome stuff they are going to do to be riiiich riiich rich on #blockchain. Yesterday, I overheard two Mormon kids on a mission talk about blockchain over lunch. 3. IBM's ads are all about blockchain. 4. And now Amazon is jumping into Blockchain-in-a-box

tzahola 9y ago
Time to cash out?
- hossbeast 9y ago
  That time was in December
  - Relys 9y ago
    "You know it's time to sell when shoeshine boys give you stock tips. This bull market is over." (Joe Kennedy)
    - hndamien 9y ago
      Shoeshiners were on it in July unfortunately. That would have been too early.
jackpeterfletch 9y ago
5. Despite being 3 years old a compelling use case for smart-contracts has yet to emerge, nor has any use for blockchain become common place except as a clandestine currency.
- zodiac 9y ago
  > a compelling use case for smart-contracts has yet to emerge assuming you actually meant this as a criticism separate from the one after: payment channels rely on smart contracts to work
- geraldbauer 9y ago
  CryptoKitties (Yes, cute little cartoon cats) that you can trade, auction, gift, breed and more with contract services on Ethereum might be the fun, fun, fun and compelling use case you're looking for, see https://github.com/cryptocopycats/awesome-cryptokitties/tree/master/contracts https://github.com/cryptocopycats/awesome-cryptokitties/tree...
  - Relys 9y ago
    I sincerely hope I detect sarcasm. Reminds me of tulips. takes shot for cryptocurrency bingo How's that beanie baby investment working out for everyone? ;p
- whataretensors 9y ago
  Judging new technology based on current impact is flawed. All new technology starts with no use as people figure it out.
- Regardsyjc 9y ago
  The best use case for blockchain that I've seen so far is Dada.nyc, a platform where you can buy art with Ethereum. What I love about it is that in this marketplace, every time an artwork is resold, the artist gets paid. Opposed to traditional art where you get paid once and never see anything again when your art appreciates wildly after you die

tzahola 9y ago

Time to cash out?

hossbeast 9y ago
That time was in December
- Relys 9y ago
  "You know it's time to sell when shoeshine boys give you stock tips. This bull market is over." (Joe Kennedy)
  - hndamien 9y ago
    Shoeshiners were on it in July unfortunately. That would have been too early.

jackpeterfletch 9y ago

5. Despite being 3 years old a compelling use case for smart-contracts has yet to emerge, nor has any use for blockchain become common place except as a clandestine currency.

zodiac 9y ago
> a compelling use case for smart-contracts has yet to emerge assuming you actually meant this as a criticism separate from the one after: payment channels rely on smart contracts to work
geraldbauer 9y ago
CryptoKitties (Yes, cute little cartoon cats) that you can trade, auction, gift, breed and more with contract services on Ethereum might be the fun, fun, fun and compelling use case you're looking for, see https://github.com/cryptocopycats/awesome-cryptokitties/tree/master/contracts https://github.com/cryptocopycats/awesome-cryptokitties/tree...
- Relys 9y ago
  I sincerely hope I detect sarcasm. Reminds me of tulips. takes shot for cryptocurrency bingo How's that beanie baby investment working out for everyone? ;p
whataretensors 9y ago
Judging new technology based on current impact is flawed. All new technology starts with no use as people figure it out.
Regardsyjc 9y ago
The best use case for blockchain that I've seen so far is Dada.nyc, a platform where you can buy art with Ethereum. What I love about it is that in this marketplace, every time an artwork is resold, the artist gets paid. Opposed to traditional art where you get paid once and never see anything again when your art appreciates wildly after you die