[FRIAM] Fwd: Ten years in, nobody has come up with a use for blockchain

[Edward Angel]

The new Netflix documentary Banking on Bitcoin is pretty interesting and unintentionally perhaps draws you to the worries in the post.

Ed
_______________________

Ed Angel

Founding Director, Art, Research, Technology and Science Laboratory (ARTS Lab)
Professor Emeritus of Computer Science, University of New Mexico

1017 Sierra Pinon
Santa Fe, NM 87501
505-984-0136 (home)		 	angel at cs.unm.edu <mailto:angel at cs.unm.edu>
505-453-4944 (cell) 				http://www.cs.unm.edu/~angel <http://www.cs.unm.edu/~angel>

> On Dec 28, 2017, at 11:42 AM, Gary Schiltz <gary at naturesvisualarts.com> wrote:
> 
> Very good article. Crypto currencies seem to have the most appeal with people are essentially antisocial, or at least, anti-government. I loved the statement early on in the article, "Bitcoin is what banking looked like in the middle ages — 'here’s your libertarian paradise, have a nice day.'"
> 
> On Thu, Dec 28, 2017 at 12:08 PM, Owen Densmore <owen at backspaces.net <mailto:owen at backspaces.net>> wrote:
> Nice contrarian view on bitcoin and blockchains in general:
> ​  ​https://hackernoon.com/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100 <https://hackernoon.com/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100>
> 
> ​I suspect blockchains will go the way torrent file systems went: they'll be great for IT infrastructure, so folks like Amazon Web Services will use them:
> Torrents: redundant, secure storage
> Blockchains: redundant, secure transactions​
> ​   -- Owen​
> 
> 
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