Re:Bitcoin has died 166 times, so far
by cm2187 on Wednesday September 20, 2017 @05:14AM
(#15291884)
I think it is the perfect storm formed by the combination of:
- IT staff wanting to write "blockchain" on their CV (I have seen CVs driving technological choices so many times, hadoop used to store a 10MB csv file, etc)
- Some senior management reading in Newsweek that blockchain is the new hot thing and asking his CTO to give him blockchain stuff.
When such a storm forms, no objection from anyone in the organisation, no budget constraint or any form of rationality can stop it, a category 5 bullshit hurricane. A hammer looking for anything looking remotely close to a nail, even a finger.
- IT staff wanting to write "blockchain" on their CV (I have seen CVs driving technological choices so many times, hadoop used to store a 10MB csv file, etc)
- Some senior management reading in Newsweek that blockchain is the new hot thing and asking his CTO to give him blockchain stuff.
When such a storm forms, no objection from anyone in the organisation, no budget constraint or any form of rationality can stop it, a category 5 bullshit hurricane. A hammer looking for anything looking remotely close to a nail, even a finger.