“Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.”
Kai Stinchcombe, CEO, True Link Financial · Bitcoin since: +440%
As published by Hackernoon
Ten Years In, Nobody Has Come Up With A Use For Blockchain ↗
A little perspective.
Bitcoin on that day$13,857December 22, 2017
$100 at that price$540.46At our latest price check
Illustrative value using a Bitcoin price of $74,892, checked Nov 10, 2026, 6:04 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Ten Years In, Nobody Has Come Up With A Use For Blockchain” — Kai Stinchcombe, Hackernoon, December 22, 2017. Bitcoin: $13,857.15. https://bitcoindeaths.com/posts/2017-12-22-ten-years-in-nobody-has-come-up-with-a-use-for-blockchain