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A look at Bitcoin from a historical perspective. We have always made incremental progress on game changing technologies, this article makes a good case for the inevitability of Blockchain 2.0 and looks at some of the underlying assumptions that could cause Bitcoin 2.0 to be a flop before it even arrives.
Will this happen to Bitcoin? I don’t know. Unfortunately I don’t have a crystal ball which can tell me that. However, I think it’s an interesting thing to speculate about. Bitcoin is described by enthusiasts as potentially being bigger than the Internet itself (a claim I can’t seem to understand, considering that Bitcoin is an Internet-powered technology), but what if the opposite happened, and Bitcoin wound up being as popular as Betamax cassettes or Napster in the grand scheme of things?
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