ChainsLooks like the blockchain may be headed into the trough of disillusionment. See also Kevin Owocki’s thoughts on ICOs.

This happens to every technology. There is wild optimism over the usefulness (remember Iridium?), which is overblown. It even happened in the 1800s with trains. That said, I’m sure there are uses for blockchain technology beyond stores of value, and am looking forward to seeing those emerge. For a fascinating read on the rollout of technology, see The Deployment Age.

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