Please. This Isn’t Foresight.

History of WWW and a Caution About Prematurely Judging Modern Fintech

Several have mentioned that the internet had clear use cases or benefits even in the early days which is different than Bitcoin/etc. I would differ with that. Most people looking at the demos I was doing did not see the immediate value.

Blah blah blah.

Time travel to the early 1980s with me trying to argue how Bulletin-Board Systems were more worthy of attention than teletext and videotex and The Source and CompuServe, each one with their multi-million dollar budgets.

And those arguments I had with people who already saw the value of people being online!

I never said overturning the financial system via blockchain would never work. Ultimately, it will. And it will create a worldwide havoc unlike any ever seen before.

The same people blind to the hidden threats of social media — like, um, subverting free elections — are blind to the hidden threats of digital currencies.

You will bind everyone in chains.

When China embraces digital currencies, your hair should fall out and you should run to the fucking hills.

Previously here:

Digital Currencies Can Be Ignored (For Now)
Chained Humanity
That Blockchain Stuff
TV: Who Wants To Be A Bitcoin Millionaire?
TV: Silk Road: Drugs, Death And The Dark Web
Bubble Bubble Virtual Toil And Real Trouble
Not The Fake Money Bubble Bursting Yet
Epic (And Wait For The Epic Crash!)

This entry was posted in DOOM, fraud, So Stupid It Hurts, State Abuse. Bookmark the permalink.

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