Bitcoin, blockchain, decentralized ledgers, smart contracts. This domain emerged just in the past 10 years, and already has attracted technical wizards and bankers and politicians and scam artists and lawyers. Most cryptocurrencies and coin offerings soared, but remain deeply down from year-ago highs.
What to make of this? How to build strategy amidst this? In the piece linked here, I argue that bitcoin and blockchain and the rest of the ecosystem are not the dazzling outcome itself: they’re the tools that enable the outcome. It’s not the thing: it’s what gets us to the thing.