"I can tell you upfront, [blockchain]’s a bizarre journey to nowhere. I’ve never seen so much incomprehensible jargon to describe so little. I’ve never seen so much bloated bombast fall so flat on closer inspection. And I’ve never seen so many people searching so hard for a problem to go with their solution."

thecorrespondent.com/655/block

@alcinnz Ye gods I hate blockchain. It's just a particularly rigid database that solves problems we have been solving by other means for years, while creating whole new problems with its immutable register.

I had one vendor extolling how they were using it to track fishing and verify where and when fish were caught including GPS coordinates. When I asked what happens if the fisherman lies everybody just got quiet. Then they told me that at least nobody could falsify what already in the chain.

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@gedvondur To me it looks like a bunch of people naively tackling decentralization! Like they don't know there's other, and usually more appropriate, tools for avoiding the need for middlemen.

If I could find a way to get some of them extolling the virtues of CRDTs and DHTs I'd be very happy! Not that I'm interested in spending any time on it...

@alcinnz I think it was decentralization with Bitcoin.

For all the for-profit enterprises out there pitching it, it's just another snake-oil miracle cure.

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