I used to think Facebook was stupid because it had homogenized styles (compared to the customizability of Myspace). Despite my apprehension, that platform had an extreme impact on society in positive and negative directions. I know it’s cool to criticize blockchain, and I agree that so far it hasn’t produced much substance, but it’s an interesting tech where someone could figure out use-case for eternal, decentralized, publicly-accessible storage, once people abstract away a lot of the pain-points of said storage and retrieval. Or it could end up being an overhyped fad that had its peak with dumb jpegs and overnight millionaires. Don’t count it out though.
One of the most salient features of our Tech Hiring culture is that there is so much bullshit. Everyone knows this. Each of us contributes his share. But we tend to take the situation for granted.
The technology is indeed interesting and I think what you describe is the likeliest scenario. In 10 years the blockchain will be in the plateau of productivity of the Gartner Hype Cycle and people will have figured out the use cases for which it's the best solution.
My real objection is that I feel there is an abnormal level of bullshit and dishonesty in the BBB world. People pretending it will be a huge revolution similar to the internet. LOL. A get-rich-quick mindset who attracts con artists who have a nice bridge to sell you. People washing their hands about wasting precious energy resources and enabling bad actors selling pedo-pornography and stuff.
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I used to think Facebook was stupid because it had homogenized styles (compared to the customizability of Myspace). Despite my apprehension, that platform had an extreme impact on society in positive and negative directions. I know it’s cool to criticize blockchain, and I agree that so far it hasn’t produced much substance, but it’s an interesting tech where someone could figure out use-case for eternal, decentralized, publicly-accessible storage, once people abstract away a lot of the pain-points of said storage and retrieval. Or it could end up being an overhyped fad that had its peak with dumb jpegs and overnight millionaires. Don’t count it out though.
The technology is indeed interesting and I think what you describe is the likeliest scenario. In 10 years the blockchain will be in the plateau of productivity of the Gartner Hype Cycle and people will have figured out the use cases for which it's the best solution.
My real objection is that I feel there is an abnormal level of bullshit and dishonesty in the BBB world. People pretending it will be a huge revolution similar to the internet. LOL. A get-rich-quick mindset who attracts con artists who have a nice bridge to sell you. People washing their hands about wasting precious energy resources and enabling bad actors selling pedo-pornography and stuff.