blockchain

is a Trojan Horse, sent by radical Libertarians to undermine the global financial system.

I've warned about the Libertarian context for Bitcoin before, but if any members of this devoted but misguided group believe that blockchain alone will disrupt the financial industry, they are out of touch with how cautious the industry is.

is trapped in a paradox. The more likely it is to disrupt the global financial system, the less likely it is to succeed because for disruption to be a positive business force, it must drive new competitive advantage, not simple chaos.

In fact, the more likely blockchain is to disrupt the global financial system, the less likely it is to succeed. For disruption to be a positive business force, it must drive new competitive advantage, not simple chaos. Blockchain may be disruptive, but it's still an open question whether it's too disruptive for its own good.

Jason BloombergThinkers

Jason Bloomberg