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Sure, “blockchain is just like the early internet” is a bad argument, and one that’s used by some proponents. But if you give it a more charitable interpretatio
by mypastself 4y ago
Sure, “blockchain is just like the early internet” is a bad argument, and one that’s used by some proponents. But if you give it a more charitable interpretation, such as “Not all successful technology is widely adopted within a decade of its inception”, it’s not quite as easy to knock down. Even VR went through (is still going through?) a long winter.
The rest of the points are in a similar vein, picking the worst, most literal interpretations of the arguments. Of course only gold is gold, the argument is that Bitcoin might be used as reserve currency.