8/ Nasdaq and Accenture made a mark on the blockchain space by patenting things. Accenture won a patent for an "editable blockchain". That wasn't actually as stupid as everyone thinks. Banks liked it. Until banks realized they don't want to share their data on blockchains anyway.
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9/ I'm sure I missed many good examples, but for anyone who's been active in this space for the past years, it's been made blatantly clear that the size and track record of companies or institutions means absolutely nothing when it comes to blockchain understanding.
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10/ In reality, most companies have been competing in a just-for-show marketing arm's race with eachother. Leveraging their brand & associating themselves to various blockchain projects, they've all tried to position themselves as market leaders in blockchain tech to win deals.pic.twitter.com/CQM6QnQEp5
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11/ Without knowing this background history, I understand it must sound completely arrogant to IOTA fans when I say that working together with Bosch or Volkswagen means absolutely nothing, and that I somehow know better than the "scientists and engineers" at these companies.
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12/ IOTA are ultimately the culprits of this epic bamboozling that their investors fall victim to, but I can't help feeling that these global companies and their reckless marketing strategies carry some of that blame too. In any case, I've come to sympathize with their investors.
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btw, i do appreciate your twitter storm and breaking down your thought process with examples. i’m familiar with those since i’m not new in the cryptospace.
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i remember last year that
#Ethereum took off during a series of big conferences. there was backing from big corporates like Fidelity and venture capitalists.$ETH has become Silicon Valley’s favorite. but other than ICOs and Cryptokitties, it hasn’t delivered anything solid yet.1 reply 0 retweets 0 likes -
and when the founders and Devs realize that
#Ethereum$ETH can’t scale to a world computer with PoW, it is switching to PoS, which@c___f___b invented (an$IOTA Founder). so your arguments against corporate adoption of IOTA can be applied to Ethereum as well.2 replies 0 retweets 0 likes
~C4Chaos Retweeted BoschGlobal
but with $IOTA, CEOs of big global corporations are sticking their necks out and putting their money where their mouths are. case in point: https://twitter.com/boschglobal/status/966368684552765440 …
this is a big bet on IOTA because it’s about the #IoT which would make or break their companies.
~C4Chaos added,
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