{"id":4,"date":"2014-05-03T13:22:29","date_gmt":"2014-05-03T13:22:29","guid":{"rendered":"http:\/\/blockzombie.com\/blog\/?p=4"},"modified":"2014-05-04T06:09:19","modified_gmt":"2014-05-04T06:09:19","slug":"bitcoin-obsessed-block-zombie","status":"publish","type":"post","link":"http:\/\/blockzombie.com\/blog\/bitcoin\/bitcoin-obsessed-block-zombie\/","title":{"rendered":"Bitcoin-Obsessed Block Zombie"},"content":{"rendered":"<p>Is that you with red, drowsy eyes from all-night Bitcoin research, obsessively consuming all available\u00a0cryptocurrency info, boring everyone around you to death\u00a0while\u00a0moaning, soullessly\u00a0<i>blockchains\u2026 blockchains!<\/i> Yes? Then you too are a Block Zombie.<\/p>\n<p>How did this happen?<\/p>\n<p>Prior to \u201cinfection\u201d\u00a0you were probably like most other humans. On discovering Bitcoin and other blockchain technology, people dismiss\u00a0it\u00a0as yet another cute technical theory. A skeptical view presumes\u00a0that\u00a0any software solution to a problem of real world economics cannot avoid being crushed\u00a0by the might of\u00a0large central banks, corporate financial institutions and\u00a0nation states, doubly so for a community-driven project. Alternative currencies aren\u2019t even new. Leading the skeptics are\u00a0those who have seen this movie before. Maybe a starry-eyed idealist could\u00a0accept the\u00a0theory, but only the very youngest and most naive would dare think\u00a0that such preposterous upstarts\u00a0could be allowed to flourish for long. Surely such unruly schemes would be shut down\u00a0before they reach a useful scale.<\/p>\n<p>It\u2019s sensible to be skeptical.<\/p>\n<p>Technology is full of spin and snake-oil. Add abstract economics to the mix and highly charged topics like illicit underground markets, peer-to-peer internet sharing and a whiff\u00a0of\u00a0\u201cget rich quick&#8221; hyperbole\u00a0and you have combination that would cause\u00a0strong warning signals from anyone\u2019s pattern-matching intuition.<\/p>\n<p>The skeptic resists accepting the improbable\u00a0until there are enough compelling reasons to believe it. So at some point, skeptics need to get educated. If you do the homework, you become ripe for Block Zombie infection.<\/p>\n<p>After scratching the surface of the blockchain, the courageous skeptic discovers a deep and compelling\u00a0world of open possibility beneath. Incredibly the cryptocurrency world bears little resemblance to the often confused and contradictory reports from an equally confused press. Perhaps it\u2019s not just a den of\u00a0thieves and Ponzi scammers, illicit markets and tulip mania. Once your mind is open, questions flood in. How can it work? Who controls\u00a0it? What could cause it to fail?\u00a0Each answer\u00a0raises\u00a0further questions, but it appears\u00a0increasingly solid.<\/p>\n<p>At some point in the discovery of bitcoin the penny drops. This is a big deal. It&#8217;s a much bigger and more important\u00a0than it seemed at first. It&#8217;s a paradigm shift.<\/p>\n<p>Bitcoin has\u00a0a\u00a0steep learning curve. Every insight reveals an even greater potential, most remarkable of all is how far into that future possibility\u00a0today\u2019s bitcoin is\u00a0already\u00a0well\u00a0prepared for. Another\u00a0incredible realisation reported by many Block Zombies is that after\u00a0reading about Bitcoin, one\u00a0becomes aware just how poorly understood traditional money is!<\/p>\n<p>Some people arrive at Bitcoin via a technological path. Others discover it via a path of finance or economics. Many approach Bitcoin with a political agenda such as American\u00a0Libertarianism or\u00a0\u201cAnarchocapitalism\u201d. Whichever way, the persistence results in the same undead infection, the same monstrous realisation that Bitcoin and blockchain technologies are a virtual tsunami that is approaching ill-prepared world economies, still dominated by 20th Century institutions. Its dangerous forces present the possibility of a massive increase in human potential, but not without heavy disruption, much like the\u00a0internet itself.<\/p>\n<p>Are you prepared for the Block Zombie apocalypse?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is that you with red, drowsy eyes from all-night Bitcoin research, obsessively consuming all available\u00a0cryptocurrency info, boring everyone around you to death\u00a0while\u00a0moaning, soullessly\u00a0blockchains\u2026 blockchains! Yes? Then you too are a Block Zombie. How did this happen? Prior to \u201cinfection\u201d\u00a0you were &hellip; <a href=\"http:\/\/blockzombie.com\/blog\/bitcoin\/bitcoin-obsessed-block-zombie\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/posts\/4","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/comments?post=4"}],"version-history":[{"count":3,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/posts\/4\/revisions"}],"predecessor-version":[{"id":9,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/posts\/4\/revisions\/9"}],"wp:attachment":[{"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/media?parent=4"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/categories?post=4"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blockzombie.com\/blog\/wp-json\/wp\/v2\/tags?post=4"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}