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A comment on Systems built on trust, norms, and institutions function better than blockchain. Parent comment

Re:Systems built on trust, norms, and institutions function ... by cortesoft on Friday April 06, 2018 @01:11PM (#16774984)
This is a clear example of survivor bias; there have been plenty of things that people thought were the future that turned out to be false, and the people who ‘hung on to the past’ and didn’t adopt those things won out in the end.

Betamax, 3D TVs, laserdiscs, segways, new coke, etc.

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Re:Systems built on trust, norms, and institutions function ... by wolco on Friday April 06, 2018 @01:28PM (#16775194)
Many of those items changed forms and exist today. If this was 10 years ago you can add 3d printing or solar panels. Some technologies take time to develop.
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Re:Systems built on trust, norms, and institutions function ... by slededit on Friday April 06, 2018 @01:22PM (#16775116)
Cryptocoins appear to have drastically more adoption than any of those.
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Re:Systems built on trust, norms, and institutions function ... by bwoodring on Friday April 06, 2018 @01:57PM (#16775551)
Don't kid yourself, the number of people who own cryptocurrency is vanishingly small, and the number of people who own cryptocurrency for any other reason than a get-rich-quick scheme is microscopic.
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Re:Systems built on trust, norms, and institutions function ... by kaistinchcombe on Friday April 06, 2018 @01:26PM (#16775167)
Depends on how you define "adoption" doesn't it?
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Re:Systems built on trust, norms, and institutions function ... by tCfD on Friday April 06, 2018 @01:31PM (#16775225)
Their adoption comes as a consequence of their temporarily uncensorable ability to facilitate open speculation and gambling, so the adoption curve is merely following the well worn grooves laid by ancient vices.
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Re:Systems built on trust, norms, and institutions function ... by coldtea on Friday April 06, 2018 @01:25PM (#16775154)
Pet rocks did too at one time...
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