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A comment on The blockchain paradox: Why DLTs may do little to transform the economy. Parent comment

Re:The blockchain paradox: Why DLTs may do little to transfo... by mr_spothawk on Wednesday June 14, 2017 @02:20PM (#14554781)
>Because people absolutely would have jumped at the chance to go from a place to another faster (and more comfortably) and had myriads of reasons to want to do so at any time in history.

The first cars were incredibly noisy, smelly, and actually killed a lot of folks. Yet somehow, here we are something like 100 years later, evaluating how many more years we'll have to wait before we can get go place to place without even having to touch a steering wheel.

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Re:The blockchain paradox: Why DLTs may do little to transfo... by coldtea on Wednesday June 14, 2017 @03:52PM (#14555549)
>The first cars were incredibly noisy, smelly, and actually killed a lot of folks.

And despite that their utility was evident, and adoption very fast.

Even so, bitcoin is not supposed to improve with time. It is an invention that is delivered as is (technology and algorithm wise). At best they can make better exchanges. But there are also very real possibilities of regression to those (stricter regulations imposed, etc).

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Re:The blockchain paradox: Why DLTs may do little to transfo... by whiskers08xmt on Thursday June 15, 2017 @02:47AM (#14558402)
What do you mean by bitcoin is not supposed to improve over time? There's active development going on, even with bitcoin. It's currently hampered by politics, but if you look at the crypto currency space as a whole, developers are constantly trying out new things and improvements.
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