A personal journey in understanding blockchain’s potential

Probably should’ve bought more than 0.02 BTC …
Vitalik talking at the Wanxiang / Deloitte Shanghai hackathon in 2015
  1. It tends to be highly resistant to change
  2. It creates ever-more administrative functions to facilitate internal and external coordination
  3. It invariably tries to leverage rent-seeking models and information asymmetry to maximize its profits

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