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Scofield Idehen
Scofield Idehen

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The noise around blockchain

A lot is happening around web3, and the question most are asking is, what is the next big step?

ETF?

With many big corporations like Blackrock getting involved and influencing the market side.

What is the future?

memecoins, shitcoins flying around with rugpulls and conferences filled with web3 developers trying to convince themselves.

Everyone is building, but nobody has a clue where we are going.

The government is weary but eagle-eyed to regulate and keep the hype down.

As a web3 developer myself, I share the blame because we are lost in the maze.

I believe we have reached a point of reevaluating our current route.

Are we heading in the right direction?

Are we carrying everyone along? Is this how Satoshi would have wanted it?

Was this how the Industrial Revolution started?

We must look at the playbook and see if we are getting it right.

What do you think?

Top comments (4)

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jonrandy profile image
Jon Randy πŸŽ–οΈ

Blockchain is mostly a solution looking for a problem.

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scofieldidehen profile image
Scofield Idehen

This is deep, but there is a problem side to why it was created, I only have issus with the adoption model.

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thetanweerali profile image
Tanweer Ali

Blockchain is a fad, nothing new that can't be done with a database.

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scofieldidehen profile image
Scofield Idehen

It's application model is critical for cross border transactions and its quite efficient for avoiding strigent restrictions