[fuzztester]

>It’s the new “…on the blockchain”.

yes, except it's more ... on the same lines, just to hammer the point home:

it's web 2, it's SaaS, it's the latest weekly, er, sorry, daily, hottest JS framework, its the latest rap / punk / hippie / dreadlock / crewcut / swami / grunge/ guru hairstyle, it's agile, it's functional programming, it's OOP, it's OOAD, it's UML, its the Unix philosophy, its Booch notation, it's CASE tools, ... going back even further, it's structured programming, it's high-level languages, it's assemblers, its veganism, it's the keto diet, it's the Atkins diet, it's the paleo diet, it's cholesterol is bad, no, it's good, etc etc etc.

[fuzztester]

iow, it's the equivalent of your common or garden variety of teenager proclaiming that this new thing they just found is gr8, all else is shite, only to jump on the next bandwagon next week, month, or more rarely, year.

[andrekandre]

its what alan kay talks about when he says programming in general isnt a serious discipline and is instead a pop-culture...

  > only to jump on the next bandwagon next week, month

good for marketing as well; there are a no shortage of juniors who are mesmerized by the new shiny