Blockchain is not only crappy technology but a bad vision for the future

Sat, 28 Apr 2018 22:48:40 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec>

"Blockchain is not only crappy technology but a bad vision for the
future. Its failure to achieve adoption to date is because systems built
on trust, norms, and institutions inherently function better than the
type of no-need-for-trusted-parties systems blockchain envisions. That’s
permanent: no matter how much blockchain improves it is still headed in
the wrong direction."

Via Kee Hinckley.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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Sun, 2 Sep 2018 21:36:31 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec>

"Blockchain is not only crappy technology but a bad vision for the
future. Its failure to achieve adoption to date is because systems built
on trust, norms, and institutions inherently function better than the
type of no-need-for-trusted-parties systems blockchain envisions. That’s
permanent: no matter how much blockchain improves it is still headed in
the wrong direction."

Via John Hardy.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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