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05 May 2018
A recent story in Medium describes yet again quite well why blockchains don't solve any real problems: Blockchain is not only crappy technology but a bad vision for the future. So what is their irresistable appeal? Bitcoins remind me of a story from the late chair of the Princeton University astronomy department. In 1950 Immanuel Velikovsky published Worlds in Collision, a controversial best selling book that claimed that 3500 years ago Venus and Mars swooped near the earth, causing catastrophes that were passed down in religions and mythologies.
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