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THE VIDEO SHELF · criticism of blockchains

Blockchains Are a Bad Idea (James Mickens)

James Mickens of Harvard gives a funny lecture at HBS's Future Assembly arguing that blockchains are a very bad idea. He covers their trust, legal and practical shortcomings for real-world problems.

Why HN readers recommended it

A staple HN recommendation in crypto and Web3 threads as an entertaining, compelling case against blockchain.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel
HBS Digital Initiative
Topic
criticism of blockchains
Format
lecture
Level
general
HN recommenders in dataset
8
HN mentions in dataset
13
Recommendation years in dataset
2018–2023

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

  • James Mickens' "Blockchains are a bad idea" talk [1] is a great explanation that discusses exactly that. [1]: [VIDEO]

    asciimike on Hacker News · 2021-09
    In Bitfinex just spent $23.7M in fees to make a single Ethereum transaction
  • James Mickens has a pretty good breakdown of why blockchain isn't a good solution for most real-world problems: [VIDEO]

    tootie on Hacker News · 2018-09
    In Bitcoin and other cryptocurrencies are useless
  • Can only hide from fundamental issues for so long I suppose... Here's a compelling and fun to watch lecture that James Mickens (Harvard SEAS) recently gave about the problems with Blockchain - [VIDEO]

    Reedx on Hacker News · 2018-09
    In Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash

Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.