While Cryptocoin enthusiasts are having a difficult time for a while already, the technology behind is moving along unstoppable, not just nicely.
For some eye-opening insight and outlook, George Gilders latest book Life after Google is a great read. It appears to confirm the fact that even the biggest tech firms will be overrun sooner or later. Overrun by people thinking out of the box again, developing new technologies and making it a business from the beginning, finding adequate means to fund it, not the old-fashioned VC way.
There goes the centralized web and the centralized funding, once grown up together. Everything has its time.
Ironically this new tech movement is taking up pace right at the time when the old gatekeepers begin to abuse their power openly and evily. Nice coincidence.
What an environment has been created over time to oust a genius like Brendan Eich as Mozilla CEO for giving $1,000 for a case they find wrong? And this is just one example.
For a guy like me, grown up in East Germany, such Social Warrior movement is like going back in a time machine, but worse.
However, nobody and nothing is useless, can still serve as a bad example.