[plttn]

I feel like this might be a semi-unpopular opinion, but frankly I'm getting tired of the idea that a blockchain is the solution to every single problem the human race faces.

There's this almost religious level of looking the other way whenever there's some sort of failure in a blockchain system, and they always say "that was a one-off situation"

[dredmorbius]

I'm also finding the "blockchain all the things" concept ... perplexing.

I really don't understand the mechanism or dynamics.

It seems I'm not the only one.

There's a growing set of evidence of breakdown among institutions founded on or around Blockchain: Bitcoin, MtGox, Ethereum, others.

And a profound failure to either understand or acknowledge (and I'm not sure which of the two it is predominantly, or how much it varies by individual) what money, currency, and contract actually are.

[plttn]

I'm not a dumb person by any stretch of the imagination, and I actually got lost in the weeds when trying to read The DAO's website and what exactly it does and how it works.

(which is a hilariously confusing thing to name a brand; "Which DAO are you talking about?" "The DAO" "Yes but which one")

There's situations where blockchains are a good idea, but there's many cases where they aren't.