1/ Where is the blockchain revolution supposed to be?pic.twitter.com/pliDJo60n4
5/ But, how much relative-gain is that? As in, relative to the truth-encoding properties of the existing status-quo, how much additional truth gets unlocked, technologically? (I really don't know.)
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6/ Of course, I don't think that's the point. The real Grand Visions come from what permission-less innovation and disintermediation would enable. Maybe new socio-economic structures could emerge!
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7/ But you really can sketch almost any argument once you invoke complexity-thinking. So, again: no clue. Is it really a big deal, or is it optimizing at the edge?
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8/ I'm short-term optimistic, long-term pessimistic? Short term, it's an incredibly fertile space. I think it will restructure a lot. Long term, I'm afraid the limiting effect is relentless optimization and mechanized trust. That seems like it would be a monstrous constraint.
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