It is fantastic news for most people, who honestly do not want their money being controlled and monitored by the whims of those who run a social media company, with a history of not putting customers first.
Any financial institution wanting to be on the right side of history should run, not walk from this project.
That isn't to say there is no place in the future for purely electronic currency, but it sure hell better not be this.
Change of this magnitude is hard because frankly... black mirror
One that is type extensible, not brittle and based on schemas with fragile language integration tools, is streamable down to the atom level, naturally sortable, homoiconic in nature and efficient to produce and consume.
Such things exist, I'm not just rattling off buzzwords.
The main thing is protocols are serious business and people, especially any of the big five shouldn't get to own them just because it suits a business interest.
This is Google trying to thin end of the wedge their own proprietary protocols into web standards yet again.
My idea of a good time is not a future where the internet is built using Google technologies dressed as "open technologies".. that.. uh-huh just happen to be the exact same as infrastructure protocols that span the internal Googleverse.
Besides that, protobuf and its ilk aren't even good or modern.
People who say, yay look at it growing are very naive imho
It is fantastic news for most people, who honestly do not want their money being controlled and monitored by the whims of those who run a social media company, with a history of not putting customers first.
Any financial institution wanting to be on the right side of history should run, not walk from this project.
That isn't to say there is no place in the future for purely electronic currency, but it sure hell better not be this.
Change of this magnitude is hard because frankly... black mirror