still it’s jarring when folks treat this p2p ledger construct as a revolutionary wunderkind. it’s only revolutionary-seeming because it’s easy to monetize 🤷♀️
blockchain, a distributed ledger construct, is useful for:
- stuff that needs a ledger, like fintech
- literally nothing else
thanks for coming to my ted talk
you foolish legalist! governance cannot be enshrined, only practiced. your cleverness engenders brittle monuments.
When I was young we called it Linked lists
Let's be honest, ninety percent of tech startups are just impressive sounding fads to make investor's eyes pop. Block chain is a word that most people know, so you need to cram it in somewhere.
@Melisandre pageantry to satisfy the rich 💃🏾
Exactly. The owners will have sold it to google before anyone realises that it's pretty shit.
> and what about the shareholders? it has to make money somewhere right!?
well they make money by selling to other shareholders who *perceive* google to be making money, and they make money by selling to other shareholders... etc. etc.
once you get to the innermost circle of hell, it's really just a mystical closed-loop circlejerk from there.
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