Hacker News new | past | comments | ask | show | jobs | submit login

I look at it differently:

Brick-and-mortar plus mail-order was a viable business model for decades. Building the network infrastructure and software interconnections to move from that state to today’s online commerce and delivery model took years to accomplish and was (is) filled with hyped innovations.

Blockchains may never reach their hyped potential, or we may simply be attempting to evaluate at very early stages vs. the point where utilities are clear.




Do you look at every single new technology this way? If so how do you find time for anything else? If not what makes blockchain different?


I’m not sure I follow. I did not mean to imply I’m studiously watching every permutation of the blockchain hype cycle, simply, when it comes to new technologies which are billed as successors to long-lived incumbencies, I tend to take the middle ground.

I try to keep a measured view of the optimisic hype and the pessimistic nay-saying, and don’t expect clarity for a few more years regarding blockchains’ potential.

In general this philosophy towards technology has served me well enough. I miss out on the bleeding edge, but don’t fall into the trap of being “all in” before realizing a concept’s promise was oversold.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: