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RE: David Siegel: Semantic Web -- What Is It? How Does It Work?

in #cryptocurrency7 years ago

You are correct in your assessment. Many of my co-workers think I am crazy for venturing into the world of crypto-currencies and learning about the block-chain, let alone interacting with it like I am doing right now on SteemIt.

When I retire in a few months, I will write another introductory post telling more about myself and my experience.

It still amazing me how many people in the IT community are ignoring what is going on in the world of crypto-currencies and what some of the ICO's are trying to do.

And yes, when one specializes in one area of technology their entire career, it is possible to be blind to or ignore an entire universe of technology. Only because I had a foot-hold in both finance and IT, crypto-currencies piqued my interest almost two years ago.

Have a great weekend!
Steem on,
Mike

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Only because I had a foot-hold in both finance and IT, crypto-currencies piqued my interest almost two years ago.

Thanks for the explanation. I like to look for the back story.

My friends and acquaintances don't think I'm crazy, they just give me a funny look when I tell them I'm into crypto. They just can't relate to it.

We are both in the middle of something really big. Something on the scale of or bigger than the computer revolution of the 80s and 90s. Will the blockchain "killer app' be EOS? IOTA? Ethereum? Hyperledger? Something not revealed yet?

To me it feels like the late 70s and early 80s. I knew that computers were going to be big, but I couldn't figure out what the big thing would be. Hind sight says that it was Gates with Microsoft and Jobs with Apple; operating systems for the masses leading to the Internet.

The semantic web could have been the killer app for science, but no one wanted to do it; too much extra work and no quick bucks to be made. The ICO crowd has the right idea. Dream up a crypto/blockchain scheme over bottles of beer, launch it unregulated in the wild and woolly crypto world and collect umpteen million dollars in like 28 minutes. Then, figure out what to do with it all!