The Big Blockchain Lie by Nouriel Roubini – Project Syndicate

October 17, 2018 by darlabosse

Ouch.

Now that cryptocurrencies such as Bitcoin have plummeted from last year's absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next. The promise to cure the world's ills through "decentralization" was just a ruse to separate retail investors from their hard-earned real money.