The blockchain paradox: Why DLTs may do little to transform the economy
If I had a Bitcoin for every skeptic that posts a blog on why it can't work...This may just be my general observation but I feel like Silicon Valley hegemony has a grudge against crypto currencies and I'm not sure why. For an industry that has constantly tried new things and saw potential where no one else did, I just don't see the love for the potential of smart contracts, DApps, etc. And how this is just the beginning of what is possible and of course it's isn't perfect but it's fascinating to the curious.I do see a lot of enthusiasm from Eastern Europeans and all across Asia and they seem to be leading the charge on what could be the next major technical revolution.My working hypothesis right now is Silicon Valley has been getting fat on the virtually unlimited venture capital power structure and sees this as a threat they've missed out on to their power.Maybe the disrupters are being disrupted?