Post
Topic
Board Development & Technical Discussion
Merits 3 from 2 users
Re: Ten years have passed, and nobody has figured out a way to use blockchain
by
gentlemand
on 01/04/2018, 20:31:43 UTC
⭐ Merited by DooMAD (2) ,ETFbitcoin (1)
Yeah! That is about it! That not conceived yet.  But still it has been 10 years. And this is a big period

One of the most consistent human traits is to massively overestimate the short term effect of something, and massively underestimate the long term effect. I'd say in the case of cryptocurrencies this will the most extreme case in all of history.

It's risen at a time when information is much faster and more accessible than ever before, but it's also tackling the most stuffy and fundamental aspect of society - money. Most people don't know the slightest thing about how money works. There's a much longer process of education before the true implications dawn on people.

And look at the progress of the internet itself. The first glimmerings of it were in the late 1960s. It really only became the fabric of everyday life in the last 10-15 years. It only started to get any significant media coverage 25 years after it was invented. That's half a century overall.

The full arc of progress is probably far beyond the average attention span.