EU Blockchain Observatory Forum to Discuss Regulations

zycrypto.com

19 pointstheweb12 comments

Blockchains depress me. There are so many technlogies that are vastly more interesting. But most of those haven't created $120,000,000,000 Ponzi schemes, so they're ignored by politicians.

Imagine what would happen if the EU pledged 340 million Euro to database research! Or at any of the great peer-to-peer networks out there. Or at something like Git. Think of all the fascinating new technologies we'd get. But instead they're going to throw money at the goddamn blockchain.

I find blockchains very interesting, at least from a technical point of view. Distributed computing is one of the oldest and hardest problems in computer science.

However, I agree that the EU not take away 340 million from its citizens to spend it on that kind of research. Generally, top-down works very poorly in science and the EU should let the individual countries decide for themselves how the fund their universities.

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