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by jdormit
3479 days ago
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Is there a reason that almost every blog post/platform/organization I've seen that involves some sort of block chain tech invariably starts spouting hyperbolic, overblown rhetoric about overthrowing the social order? Block chains are a really promising technology, but these types of manifestos really hurt the community's credibility. |
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Thus, when these people make progress they cast it in those terms (radical social change). This becomes a feedback loop which attracts more radicals to the blockchain space and also amplifies the current radicals belief that they really can make a difference. This has both negative and positive effects:
* the negative effects are hype, the desire for ideological purity, expectations which can't be met, and irrational optimism,
* the positive effects are large numbers of smart motivated people who are willing to think big and irrational optimism.
I think spaceX and the startup world in general operates under a similar feedback loop (see "making the world a better place").