The Real Incentive for Blockchains

While many cynical investors are excited about the possibility of betting on the right token and getting rich quickly, there is a smaller but more earnest contingent of people who see something bigger at play.

When I talk with people who have higher hopes for the blockchain, what I hear from them — or even myself — has a lot to do with countering the nebulous feeling of disempowerment associated with our digital age. We’re all unhinged, these days. Impermanent. Floating in fake news, gig jobs, no health insurance, predictive algorithms, climate change, voter suppression, and other disorienting phenomena that seem to be untethering us from solid ground. How do we know what we know, much less prove what we own or register our intentions?

To the rescue — seemingly anyway — comes the blockchain.

Read More at One Zero

Read the rest at One Zero