The core difference was in whether the blockchain is an awesome technology with an ideological movement building around it, or a rethinking of how people interact and collaborate with each other supported, but by no means defined by, an as-yet immature technology.
18 years ago, I got into IT sourcing not to make a buck, but to fix the wrongs that I saw in building the backbone of the internet in the 90s. The world of large technology deals was (and, let’s face it, decades later still is) full of FUD, price discrimination, poor decisions, and outright corruption.
The blockchain decentralization revolution may not be the first, but it is well-funded, and led by people that think big. With a dream and billions in funding, what can go wrong? Distractions, disputes, and hubris top the list, with a very dishonorable mention for the industry’s problem of hucksters.
Obviously, not all solutions are a fit. No one is going to be building the next spreadsheet with blockchain. Rather, you need to focus on areas where one of the core strengths of the technology amplifies the value of the solution – or better yet, creates it in a place where centralized approaches are failing.
The blockchain has a small circle of bitcoin billionaires that can break the mold. Some are open advocates of the technology’s revolutionary potential, like Puerto Rico crypto-utopia crowd. Some prefer to remain more anonymous. But make no mistake, the goal of the blockchain game is not to make..