Publication

The Fintech Bubble

June 14, 2016

Abstract

In 2015, I wrote a blog post about how I thought that Bitcoin was similar in many ways to the Internet. The metaphor that I used was that Bitcoin was like email - the first killer app - and that the Bitcoin Blockchain was like The Internet - the infrastructure that was deployed to support it but that could be used for so many other things. I suggested that The Blockchain was to finance and law what the Internet was to media and advertising.

I still believe it is true, but the industry is out over its skis.

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