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

There is no single person in existence who had a problem they wanted to solve, discovered that an available blockchain solution was the best way to solve it, and therefore became a blockchain enthusiast.

A blockchain is a literal technology, not a metaphor

In The Golden Compass, Dust permeates the world. It is created by consciousness and is itself conscious, and can condense into angels. Blockchain is not like that.

Blockchain-based trustworthiness falls apart in practice

It’s true that tampering with data stored on a blockchain is hard, but it’s false that blockchain is a good way to create data that has integrity.

An e-book consultant
“I’d rather look at the source code to make sure he didn’t vote twice.”

The entire worldview underlying blockchain is wrong

How exactly does blockchain stop this guy from spraying pesticides?

A crypto-medieval system

The Knights Templar was sort of a banking system, actually.
Trusted sellers of stolen credit cards and cocaine.

In the name of all blockchain stands for, it’s time to abandon blockchain

Smarter produce in under 2.2 seconds




Whatever the opposite of a futurist is

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Over 500% APY for Single Token Staking: Low-key OptionPanda Belies Enormous Opportunities

Philately and numismatics

The 5 Steps To Buying Bitcoin In 2019

Crypto Airdrop Earning Bitcoin Trading Exchange

Meet ROKKEX Team: Chief Marketing Officer (CMO) Mindaugas Savickas

Hi, I am Paul Veradittakit, a Partner at Pantera Capital, one of the oldest and largest…

Position Exchange NFTs

Lightning Network Messaging’s Potential Impact on Routing Fees

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Kai Stinchcombe

Kai Stinchcombe

Whatever the opposite of a futurist is

More from Medium

Ulord Project Progress(From March 10, 2022 to March 16, 2022)

What does Web 3.0 really change?

What is Ethereum?

The Web 3.0 Economy