The Blockchain Bubble will Pop, What Next?:

Bubbles are characterized by the marriage of excitement and ignorance, with markets flooded with eager but naive actors motivated by the perception of momentum.

The blockchain boom is characterized by a massive interest in cryptography-based technology — and yet too often, neither the investors specializing in the market, nor the founders of crypto-based ventures seem to possess a coherent vision, or even expertise. While I’ve suspected this for a long time, my brief contact with the AI+Blockchain world affirms that a significant portion of the blockchain boom has no legs.

(Via Approximately Correct)

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