Vlad Soriano
Aug 25, 2017 · 1 min read

These responses are just uneducated cognitive bias.

For the record, I own zero bitcoin or cryptocurrency. I am however a Finance Systems manager and the blockchain is a threat to several finance and accounting industries ( read that as JOBS).

All fiat currencies are built on trust. Digital currencies are also built on trust…trust of the blockchain. The blockchain is real…I’ve seen the code.

In other words, it’s software. Just because you don’t see the code behind the apps on your smartphone, doesn’t mean it doesn’t t exist (using your own analogy).

Blockchains are used beyond financial or money transactions. You’ve not even talked about Use Cases…I can’t even begin to tell you how this technology is being used; Supply Chain Management, Identity and Audit, Trading Systems, Inventory, Humanitarian, Media, Data Storage…there are sat least 15 blockchain companies actively developing software to target 5 sectors in global industry. Hmm, they must really love that hot air.

Perhaps, the reality is that you should stop calling anything you don’t understand “hot air”. If anything your posts accurately define what hot air is.

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Vlad Soriano

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Philosophy & Technology for Creative Lives