Pointbite.com - Technology & Economics

Many people struggle to see the difference between tokens and stocks because the only property of stocks they understand is their ability to be traded. 

But, apples and oranges are not the same even though they are both edible.

Blockchains can do some exceptional things unheard of just a few years ago, but the solutions they offer today are often just clunky, slow and unnecessarily complex distributed versions of things that already work quite well.

Who wants to store their life savings on a phone? Ultimately, everyone who has a non-trivial amount of bitcoin will need to trust someone somewhere to guard their wealth, re-creating the bank. So much for de-centralization.

Investments should create value. They should fund inventions, creations, discoveries or contribute something meaningful to humanity.

Yes it's true, money is just a social contract. Money is whatever we agree should be used to facilitate trade, but does that apply to Bitcoin?

I will be posting a series of podcasts describing the reason I believe Bitcoin is more hype than reality. In order for this exchange of ideas to be fruitful, we need to set a very important ground rule — no debate can succeed if the participants are incapable of separating what they “wish” from what “is” — meaning, wanting something to “be” isn’t enough evidence that it “is”.