[kictanet] Blockchain is not only crappy technology but a bad vision for the future

Mwendwa Kivuva Kivuva at transworldafrica.com
Wed Apr 11 20:16:02 EAT 2018


Have you heard of the Internet?

It's the worst invention for mankind. They show inappropriate photos and
videos, and terrorists meet virtually and organise mass murder. Tragic. It
has been used to siphon money from banks, and organise revolutions which
overthrow governments. It has made swindlers make easy money by online
ponzi and pyramid schemes, and all types of virtual gaming. Hard working
people have lost billions from these crooks who hide behind the Internet.
The amount of bullying, stalking and trolling is unbearable. I wonder why
anybody would want to use such kind of technology. The technology is also
quite addictive, leading to a lot of time wasting and distraction. The
amount of man hours wasted can actually build Rome a hundred times over.
Don't even get me talking about spam, Identity theft, hacking, viruses,
Depression, loneliness, and social isolation, Health issues and obesity,
impulse buying...

Actually, some countries have discovered the evil of the internet and
resolved to control it, or cut it all together. These are China, Cameroon,
Ethiopia,  Togo, ...

Be safe, stay away from the Internet.

On Wed, Apr 11, 2018, 6:57 PM Walubengo J via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> I read the piece.
>
> It's like telling you a kitchen knife is dangerous and then spelling out
> the the details of how it can be used to kill your spouse.
>
> Whereas those may be true, someone else may want to use the same kitchen
> knife to prepare a sumptuous dinner with the spouse.
>
> Both perspectives are right and its a question of which how you chose to
> implement Blockchain.
>
> walu.
>
> On Wednesday, April 11, 2018, 6:18:21 PM GMT+3, Eric Mugendi via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>
> Interesting read... It does feel like he's going out of his way to vilify
> the blockchain by countering all the arguments out there about its security
> and safety, but I still believe it has some useful applications.
>
>
>
> Eric Mugendi
> about.me/mugendi
> [image: Eric Mugendi on about.me]
>   <http://about.me/mugendi>
>
> On 10 April 2018 at 05:31, Nanjira Sambuli via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Blockchain is not only crappy technology but a bad vision for the future
> <https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec?source=emailShare-180dd5fb90e8-1523327462>
> by Kai Stinchcombe
>
>
>
> Regards,
> Nanjira.
>
> Sent on the move.
>
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> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
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