Do the blockchain enthusiasts have a point?

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: Dave Burstein <daveb () dslprime com>
> Date: February 10, 2019 at 7:30:28 AM GMT+9
> To: David Farber <farber () gmail com>
> Subject: Fwd: Do the blockchain enthusiasts have a point?
>
> Dave
>
> I'm deeply sceptical of blockchain and convinced the high prices of cryptocurrency are a bubble.
>
> But people I respect believe strongly that blockchain will become an important tool other than as currency. I don't 
> have enough depth to have an opinion. 
>
> One is your old colleague Kevin Werbach at Penn. He teaches a course that is very careful to tear down the hype but 
> still is an enthusiast. 
>
> John is right about most public advocates. "Enthusiasm for blockchain seems to follow a pattern of being inversely 
> proportional to the enthusiasts knowledge of how large-scale financial systems work." 
>
> But many remain convinced who are neither fools nor paid for advocates.
>
> I'm currently working hard on a parallel problem. On 5G, the Emperor has no clothes. T-Mobile CTO Neville Ray's 
> presentation to the FCC says that in theory 5G NR will be 19-52% better than today's LTE. (I think when we have the 
> data it will be a little less.)
>
> That's significant for us in the industry but far less than the gain from Massive MIMO or the now widely deploying 
> 3-5 carrier aggregation. Both are part of the LTE standard and have been deploying in many parts of the world since 
> 2016. Each is at least a 200% improvement in the real world.
>
> I'm currently researching the coming decrease in latency. The best 5G NR Edge Clouds are about 15-40 ms. (The much 
> touted 1 ms is years away from reaching the field.) 
>
> Anyone actively interested, please contact me offlist.
>
> Dave
>
>
>
>
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>
>  
> Editor, http://Fastnet.news http://wirelessone.news gfastnews.com
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