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by jdcryans 3404 days ago
I think you are misattributing his snark. In his regular column he has a recurring section called "Blockchain blockchain blockchain" such as in [1] in which he covers how the finance industry itself is trying to apply blockchains to everything. It's the new fad, they are in the Peak of Inflated Expectations [2]. So while it might be true that some bankers are afraid that Bitcoin is going to replace them (I have no opinion on that) the author is highlighting yet another case where blockchain is supposed to easily solve any difficult distributed ledger problem.

1. https://www.bloomberg.com/view/articles/2017-01-31/mirror-tr...

2. https://upload.wikimedia.org/wikipedia/commons/thumb/9/94/Ga...

1 comments

You demonstrate that the author is indeed snarky towards blockchains.