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> Bitcoin and blockchain are genius technology, on par with the greatest achievements in mathematics and theoretical physics. The only genius about those techn
by 7steps2much 5y ago
> Bitcoin and blockchain are genius technology, on par with the greatest achievements in mathematics and theoretical physics.
The only genius about those technologies is cryptography. If that's enough to make technologies build on top of it on par with the greatest achievements then every single crypto trojan is one of humans greatest achievements.
- glofish 5y agoyour equivalency falls apart at the first common sense example the first person building a airplane is a genius, the CEO of Spirit Airlines is not a genius
- 7steps2much 5y agoLet's roll with that example then! I think we can both agree that the Wright brothers were pretty genius. They no doubt accomplished something that can be described as a feat of engineering. Now, the CEO of Spirit airlines clearly isn't a genius, but he doesn't build things anyways, so it's kind of an apple to oranges comparison. Let's instead use an example that's closer to the original cryptography to crypto currency comparison shall we? Let's compare the Wright brothers to an engineer called Josh working at an airplane manufacturer of your choosing. I will go with Boeing but you choose whichever you would like. Whenever Josh builds a new plane he uses knowledge passed down and refined by previous aviation engineers, knowledge that can eventually be traced back to the Wright brothers. He builds on this knowledge and as such creates great plans. This makes him a pretty good engineer! But does it make his plains "on par" with the greatest achievements of humanity? If so, at what point do they stop being on par? Will they ever? Is every plane one of humanities greatest achievements? And if that's the case, is every tire on every car one of humanities greatest achievements? I think we both agree that cryptography is a great achievement of mathematics. It's something that will see uses well into the future. But that's cryptography as a whole, not a specific algorithm. Crypto currency and blockchains are not world altering inventions. They are simply products of engineering, build on mathematical knowledge. And while you might be able to argue that they are good engineer, they definitely are not mathematical or theoretical physics achievements. They are simply a product using those achievement, just like databases, rockets and cars are.