Re: <nettime> Josh Hall: Blockchain could reshape our world – and the far right is one step ahead (Guardian)

[Morlock Elloi <morlockelloi@gmail.com>]

I did a linguistic experiment - replaced word 'Blockchain' with 
'mayonnaise' throughout the article, and the amount of sense remained 
constant (that particular word was sense-neutral.)

It's very hard to find actual use for blockchain.

This thought experiment provides some help: imagine a large (200m ?) 
vertical rock face just outside the city, that everyone can see. You can 
hire crews with scaffolds and chisels to write something on it, and it 
stays there forever. It cannot be forged, as they use Times Roman Light 
font, so any alteration becomes obvious.

WTF would you use this for? To write down exactly what for the 
posterity? Decisions from the City Hall? Property tax records? 
Population count? How are you going to deal with clerical errors? Why 
are you doing this?


> Blockchain could reshape our world – and the far right is one step ahead
> Crypto technology is coming to a crossroads. Those who want to use it to
> radically redistribute wealth must take urgent action

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