- From: Manu Sporny <msporny@digitalbazaar.com>
- Date: Sun, 27 Apr 2014 21:27:34 -0400
- To: Web Payments <public-webpayments@w3.org>
A couple of counter-points to the "Bitcoin is the next Internet" and "Blockchain technology will re-invent entire industries" rhetoric: Is Bitcoin Really the Next Internet? http://www.coindesk.com/bitcoin-really-next-internet/ The blockchain story is bullshit http://geoffreywoo.com/the-blockchain-story The blockchain story is bullshit (Part 2) http://geoffreywoo.com/the-blockchain-story-part-2 The basic premise is that Bitcoin is in a pretty big bubble right now. Blockchain technology has a narrow set of problems that it could be applied to and it doesn't necessarily solve those problems in a way that is performant, or acceptable to most of society. Some very good points made in the articles. Then again, many technologies that ended up changing the trajectory of humanity (like the automobile or the Web) started out as inferior solutions to the status quo. -- manu PS: I'm personally still undecided, but it's good to get some counter-points into our heads. -- Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny) Founder/CEO - Digital Bazaar, Inc. blog: The Marathonic Dawn of Web Payments http://manu.sporny.org/2014/dawn-of-web-payments/
Received on Monday, 28 April 2014 01:28:04 UTC