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A comment on IBM has cut its blockchain team down to almost nothing – sources. Parent comment

Re:IBM has cut its blockchain team down to almost nothing – ... by sandworm101 on Wednesday February 03, 2021 @10:45AM (#26014653)
Yes. Many proponents of blockchain speak with glee at how doing so will "cut lawyers out of the process". Lol. In every generation there is someone who thinks they can do away with the legal profession. Lawyers have walked the earth for thousands of years and shall continue to do so for many more.
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Re:IBM has cut its blockchain team down to almost nothing – ... by tehlike on Wednesday February 03, 2021 @05:17PM (#26019908)
This very much like the back and forth we have on microservices vs monolith. Every generation likes the cool thing only to revert back to mean.

People will go decentralized, then centralized, then decentralized, etc.

We built centralized government bodies for a reason.

The aspect of blockchain + bitcoin that's pretty appealing is limited supply & formulated inflation & cryptographic guarantees.

Applying this to all other domains is stretching it a bit.

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