Bitcoin Q&A: The Out-of-sync Hype Around "Blockchain"

3 years ago
5

Keywords/phrases: The hype around "blockchain" is out of sync with the actual implementations. There is one exception: Bitcoin (maybe two, Ethereum). The hype stems from the general economic conditions of free money, stimulus, and low-interest rates. We have a lot of money chasing very little yield where people chase investment exuberances. The blockchains worth the hype are the ones setting the stage for real-world applications. Open, transnational, borderless, open access, permissionless blockchains. There is a lot of hype but there is also a seven-year experiment that refuses to die.

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