ICYMI: Open letter to Congress highlights rift among technologists over blockchains
submitted to Congress on June 1 by a group of 1,500 computer scientists, software engineers, and technologists urging lawmakers to take a “critical, skeptical approach” toward the industry.
The letter points to a growing rift among technologists about the role of blockchain technology. Critics, such as those that signed the June 1 letter, claim that blockchain technology is a “solution in search of a problem,” and that lofty promises about “financial inclusion” are merely used to justify its existence when “far better solutions are already in use.”
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