This article is inspired by yet another excellent article from Hackernoon, where it is proven having a high standard for publishers gives you better talent in writing. YO!

First, I love the inspiration for the original article, which is a video I had seen independent of this reference:

The video was a 1974 interview of a science fiction writer Arthur C. Clarke, who explained how a computer could perhaps fit on a desk in the future, and how computers would help us in banking and “theater reservations” among other important things.

Side note on obscure trivia; Arthur C. Clarke and Stanley Kubrick were in strong debate over what a computer could be capable of when deciding the ultimate direction of Kubrick's masterpiece 2001: A Space Odyssey. Clarke, with his wisdom and vision, still could not accept an intelligence on HAL9000's level with a computer that could fit the entire size of a spaceship. So, if Clarke were to see 'fitbit' on the wrist of a jogger in the park who's also texting on his Samsung at the same time, he may have lost if entirely. Regardless, these are the debates that make it worth living in the sci-tech age. That is the kind of cool factor these kind of thought piece is inspired by.

Let's take a look at the predictions made in our source:

So now, based on everything said above, here’s a forecast of the state of Blockchain over the next decade:

1. In the next 10 years, blockchain may not be commonplace, but it will gain traction as we’ll see new emerging platforms and implementations. Similar to how the Internet grew over time. We will definitely begin to see new Dapps with a lot of promise.

2. However, the starters here would be the corporate giants of the world, and it’s likely that Public Blockchains won’t find a valuable use case even after 10 years from now.

3. Public Blockchains are difficult to implement. Moreover, governments won’t be so willing to make things so transparent in a span of 10 years.

4. Even in the next 10 years, it would be difficult to see any existing company shifting towards a Blockchain network for transactions or record-keeping. Even if some do, it would perhaps take 5 more years for any visible change.

5. But for startups, Blockchain will be a new playground to explore, as many new startups will emerge using Blockchain development. The advantage for these startups will be that unlike established businesses, they won’t have any existing load or method to throw away.

Regarding #1, I believe the thing that makes this trend different than the birth of the internet is... the internet. Doing this crypto thing on scale should be similar to the Moore's law scale we see in tech, where solutions and information growth are scaling exponentially. What is logically a 10 year trend, looks on-track for the first 80% but the more it scales, the more it resolves it's own scale problems, and the rate increases so fast. I would say the 10 year trend described for dApps (okay, I like doing it that way) will grow ridiculously and then drop as something new emerges we can't identify yet.

Regarding #2, I believe the trend is going to resemble more closely the embarrassing trend that still happens in advertising today, but showed it's worst when Rap was first a thing. Corporate American was trying to get wealthy advertising/jingle agencies to appeal to the masses, and in-turn made the most laughable rap's for their burgers, tools, clothing lines, making you want to run away faster than you can say "cryptoisthewaveofthefuture". Saying that, when we have WalMartCoin, HomeDepotCoin, McCoin, and everyone is a coincoin, it will get embarrassing in the true sense of the word mainstream. It WILL bring blockchain to the forefront like we wish, but it's going to be painful for the crypto world, which will be torn between "at least they know we're here now" and "hey give the cool factor back... PLEASE!". That won't take 10 years, by the way.

Regarding #3, I doubt governments will need to be transparent, but they will certainly expect us to be. Don't worry, hypocrisy is coming to blockchain full scale and , again, it won't take 10 years. But, good points we should all think about.

Regarding #4, again I agree on the sentiment but disagree on the timeline for the same reasons. I think when the mass adoption kicks in and really starts to scale, it won't take more than a few months for radical transformation. Never minimize the world's desire to win the right to say "I told you so" before anyone else.

Regarding #5, that is identical to the internet bubble in my opinion, and again, my only point would be that regulation can have an effect none of us can quantify, but integration into games for assets is one area I think may hedge against that, since game publishers are a very large, influential entity of their own, and when they see the win-win for their dApp-based game asset popularity, they may finally go to the mat for us and this whole crypto thing. I would also add that there is now a stigma attached to ICO's, so a lot of the crypto start-ups have to make up the distance for validity and prove there's something to their ideas to succeed.

That's all for now. Hope you liked it.

Gordon Freeman out.