👓 Becoming More Interested in icos | Ben Werdmuller

Read Becoming more interested in ICOs by Ben Werdmüller (Ben Werdmüller)

I started looking at blockchain from a position of extreme skepticism. Over time, mostly thanks to friends like Julien Genestoux and the amazing team over at DADA, I've come to a better understanding. I've always been interested in decentralization as a general topic, of course - the original visi...

Ben, like you I’m highly skeptical of the word blockchain when applied to any business. My background in cryptography and information theory indicates that the technical side of things is generally on the up and up, but the long term use with huge ledgers and massive transaction scale doesn’t seem to scale the way most seem to be hoping it will.

The one interesting business use case I’ve seen was on the fundraising front, but it also has a lot of the downside you mention for use in building a business. If it helps lay out a sketch of what the thing would look like from a startup perspective, I’m including the recorded talk I saw a few months ago. Still I say caveat emptor.