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> This is clearly transformative It clearly is not, as evidenced by the lack of transformation of the banking sector since Bitcoin first came out in January 20
by AceJohnny2 6y ago
> This is clearly transformative
It clearly is not, as evidenced by the lack of transformation of the banking sector since Bitcoin first came out in January 2009.
- amitport 6y agoThe banking sector moves slowly (an understatement) (they still use COBOL, IMS, etc.). Its current low adoption of this tech does not mean much.
- ceilingcorner 6y agoThings take time. To dismiss it because it hasn’t transformed a massive entrenched industry in just over a decade is pretty short-sighted.
- dcposch 6y agoThis recalls Paul Krugman's famous clownspeak, in 1998, comparing the impact of the internet to that of the fax machine. By 1998, the internet had failed to transform a lot of industries despite a lot of hype and grifters ( WebVan, WorldCom, etc etc etc). Regardless, it was progressing fast. People with enough technical understanding understood its tremendous underlying promise--not the promise of a quick buck, but the opportunity to make things that were previously impossible, and the inevitability of eventual transformative change across a whole range of industries. Remind you of anything?
- nurettin 6y agoReminds me of solarpunk.
- deleted 6y ago[deleted]
- candiodari 6y agoAsk your local police department, or a few addicts. I think they'll report the situation completely transformed compared to 10 years ago ...