Hacker News Reader

Given that blockchain is exclusively a workaround to lacking a trusted third party, approximately what fraction of economic activity would be revolutionized by not having to trust anyone?

View on HN

I'm under the impression that many of the blockchain-ers see it more as a new internet and less of a means of executing "trustless logic"

Well, it's grossly inefficient, so in that sense it's in the spirit of the web.

Yeah to add to my above comment, I don't see why anyone would think it's "new internet" or use it in any non-subversive use case

That's the exciting part. We don't know. Read Neil Postman's writing.

Reply on news.ycombinator.com