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by ric2b 3175 days ago
> It reminds me of Bit Torrent in the early 2000s. Sure, it had a decent impact on the Internet, but not really as revolutionary as everyone was hyping it to be.

It forced two gigantic industries (music and movie) to re-invent themselves, how can you say it only had a decent impact?
2 comments
mseebach 3175 days ago
The hype around BitTorrent was a lot more hypey than that, and the revolution you're describing was already well underway by then by means of Napster and LimeWire and what not.

I think the "let-down" is akin to what it would feel like if the end-result of the blockchain in a decade would amount to little more than cheap, low-friction international payments (and those not even powered by a blockchain, but simply by the banks getting their shit together). That's great and all, but the blockchain hype is way up there with enabling anarchist utopia.

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austinheap 3175 days ago
> It forced two gigantic industries (music and movie) to re-invent themselves, how can you say it only had a decent impact?

Seriously! It completely up-ended entertainment and forced new business models on multi-billion dollar entrenched players. Hundred of billions of dollars later it's no longer a question if it had a revolutionary impact IMHO.

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