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Yeah, except a good portion of the errors made in those 200k years at least had the excuse of being new. Blockchain stands apart as repeating every single prob

Yeah, except a good portion of the errors made in those 200k years at least had the excuse of being new. Blockchain stands apart as repeating every single problem the financial system solved over the last 300 years, while being driven by a community best defined by their arrogant dismissal of that very financial system they are reinventing, piece-by-piece. Turns out civil society (i. e. laws, courts, institutions, economics, shared fictions of value, and trust) cannot actually be replaced by an algorithm quiet as easily.

stcredzero 8y ago
Yeah, except a good portion of the errors made in those 200k years at least had the excuse of being new. Blockchain stands apart as repeating every single problem the financial system solved over the last 300 years Forgetting then repeating the mistakes of the past is yet another long standing hallmark of human beings. In every age, in every place, the deeds of people remain the same. Turns out civil society (i. e. laws, courts, institutions, economics, shared fictions of value, and trust) cannot actually be replaced by an... An algorithm. A new religion. A new social theory. A new lifestyle. A new understanding...
- rspeer 8y ago
  This comment sounds like Erlich Bachman on Silicon Valley.
  - stcredzero 8y ago
    Is he cynical about human progress? I've never seen SV. After I was assaulted over an iPhone project and complicated living situation, my ophthalmologist urged me to watch it. I actually stayed in a place billed as a "Hacker Hostel" when I first got to San Francisco. There is indeed a lot of fodder here for someone like Mike Judge.
hippich 8y ago
i think it is evolving tho. somewhat like beliefs in: tribe shaman -> pharaon -> church -> state -> algo -> .... Is it a successful branch of evolution? Who knows, I would definitely not bet against or for it at this point.

stcredzero 8y ago

Yeah, except a good portion of the errors made in those 200k years at least had the excuse of being new. Blockchain stands apart as repeating every single problem the financial system solved over the last 300 years Forgetting then repeating the mistakes of the past is yet another long standing hallmark of human beings. In every age, in every place, the deeds of people remain the same. Turns out civil society (i. e. laws, courts, institutions, economics, shared fictions of value, and trust) cannot actually be replaced by an... An algorithm. A new religion. A new social theory. A new lifestyle. A new understanding...

rspeer 8y ago
This comment sounds like Erlich Bachman on Silicon Valley.
- stcredzero 8y ago
  Is he cynical about human progress? I've never seen SV. After I was assaulted over an iPhone project and complicated living situation, my ophthalmologist urged me to watch it. I actually stayed in a place billed as a "Hacker Hostel" when I first got to San Francisco. There is indeed a lot of fodder here for someone like Mike Judge.

hippich 8y ago

i think it is evolving tho. somewhat like beliefs in: tribe shaman -> pharaon -> church -> state -> algo -> .... Is it a successful branch of evolution? Who knows, I would definitely not bet against or for it at this point.