The difference between Blockchain advocates and the thieves from the tale "The Emperor's New Clothes" is that the weavers from the tale knew they were bullshitting the king. Sadly blockchains will not revolutionize mankind.
As the saying goes, never attribute to malice what can be adequately explained by extreme stupidity and the first-worlders' googels of prosperity that is sustained by silent injustices and extreme malice that is literally not recognized and certainly not acted upon by like all of them.
That's not entirely correct. People repeatedly like to take hard yes/no stances on blockchain because they seem to confuse the issue with cryptocurrencies. Cryptocurrencies are quite obviously overhyped and self-destructing. But blockchain is actually being implemented in many effective ways around the world - just in areas that you wouldn't generally hear about. Blockchain has its place, just not at the current moment.
How can we know if a solution is effective if we have not studied it thoroughly enough? There might be use cases for blockchain that have yet to be probed. It's certainly being taken seriously in the finance industry, especially in terms of financial records-keeping and accounting for governance by regulatory bodies.
> There might be use cases for blockchain that have yet to be probed.
This is like saying "you can't prove god does not exist". It is true but pointless.
> It's certainly being taken seriously in the finance industry, especially in terms of financial records-keeping and accounting for governance by regulatory bodies.
Precisely tasks where there are so many solutions both more efficient and time-proven! With so much hype around the idea the industry has to take a peek but sooner or later they will face reality: the king is naked.
