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RE: The Year of Blockchain and a pessimistic forecast (wrong, I hope)

in #blockchain8 years ago

I've written numerous times that ALL institutions have 2 fundamental flaws built in- it's unavoidable- first is that they inevitably become self-serving out of necessity (survival)... Second is the human factor- people suck and every institution falls prey to its least desirable element, people who will subvert it for their own purposes!

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well, I thought to be the pessimistic one...! ;)

I'm optimistic about cryptos... I just know better than to trust institutions (I learned that from Jesus)

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