That seems to be an accurate assessment.
Just check out two media pieces new this week.
- Wall St. Journal: Why Blockchain Will Survive, Even If Bitcoin Doesn’t: Latest blockchain applications could bring overdue change to critical, if unsexy, functions in shipping, real estate and…diamonds by Christopher Mims, who writes the "Keywords" weekly tech column.
- "Cryptocurrencies: Everything You Don't Understand about Money Combined with Everything You Don't Understand about Computers," which appeared on "Last Week Tonight" with John Oliver.
We still feel that bitcoin and cryptocurrencies won't go mainstream in terms of wide ownership or use of them by the general public. But we do think Mims is right that -- once the hype about blockchain subsides -- there is a blockchain has the potential for surviving and transforming industries.
What do you think? Will blockchain be the next cloud computing, which seems to have had a long-term impact on business? Or is it like Netscape -- a pioneering tech that spawned an industry while failing? Or like Google Glass (cited by John Oliver), an interesting idea that didn't solve a real need for people right now?
Let us know what you think.
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