— Mark Cathcart (@cathcam) October 28, 2018
I posted the above to twitter, but its not really a joke. #blockchain has become the emperor’s new clothes and to some degree, @AARP is right. The original article may be a little more aimed at humour than technical depth, but it’s not wrong.
A few of my friends have already been cold called and offering blockchain backed securities and similar. We know that’s mostly just marketing BS, but they don’t know. So this is, whatever you think, a good way to get them thinking about it.
For 90+ percent of the AARP readers these are good enough descriptions. The people who are AARP members who need to know about Bitcoin and Blockchain, already do and won’t be influenced by @brucehorovitz full article.
If you are really interested in the concept, and a non-tech example of #blockchain, Vice has one of the best examples I know of. It explains how, since 1995, how the theory of a blockchain and public ledger have been used in a non-technical solution. It covers and explains the use of a digital document store. The key to their store, was in fact to publish the unique hash for every document, and rather than use a technology solution as the public ledger, simply to publish the unique hash in the New York Times.
A more technical explanation is by Steve Wilson, on Constellation Research, called Blockchain Plain and Simple, covers the subject, and keeps on topic.