Thanksgiving Is Ruined |
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August 03, 2018
throw
off the chain, pluck the living flower
Lazybutt TiR
finally got around to finishing the recent “Blockchain” issue
of MIT Technology Review,
retrieved from its objectively bottomless reading backlog pile.
Here is TiR’s bleeding-edge,
thought-leading, thinkfluential, next-gen, real-time engaged, customer-centric, disruptor-jacking,
storyscaped, wantrapreneurial, inheritor-biased, mindshare monetizing, in(teractive)novator-tainment-esque,
omnichannel, White Papered, consensually protocolled, alt-tech, hard forked, soft knived, durably Sporked, crypto-spooned, hash-functioned, distributedly permissioned, excentrically decentralized, self-soverign identical, securely taintchained, 420 transactions per minute, hot take, elevator pitch conclusion:
After a mere dozen articles across 50 pages, TiR’s (thick) head hurts.
However, the highlights seemed to be as follows:
Q. What do you think this ends up doing 10, 20 years down the line?A: I think that if I had an answer for that, it would be the most b_llsh_ t answer that I’ve ever given to anything in my life.
That doesn’t mean that cryptocurrencies are useless. On the contrary, for transactions that one wants to keep hidden from the government (or other authorities), they will remain useful. Buying drugs, laundering money, evading capital controls, protecting your money in countries with hyperinflationary environments: these are all situations where cryptocurrencies can come in handy.
The autoDAO’s cars were reinforcement learners: they experimented with business models and rewrote their own code to maximize rewards . . . it had started pairing up married passengers likely to commit adultery with each other. The car was a Cupid gone bad . . .
The devil
alone knows what to make of it all.
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