Thread by @mat8iou

Not sure if I'm more upset that Kodak, the once global undisputed master of imaging has resorted to being a crypto-currency peddling huckster or that enough people bought into this to significantly inflate their share price
davidgerard.co.uk/blockchain/201…
#KodakCoin #KodakCES2018 #Kodak

The crazy thing is that Kodak isn't even the worst example of throwing cryptocurrency buzzwords about to pimp your share price. Even chilled beverage manufacturers are in on the action.
arstechnica.com/tech-policy/20…
#KodakCoin #cryptocurrency #blockchain

And burger restaurants...
arstechnica.com/tech-policy/20…
#MobivityMerit #Hooters #blockchain #cryptocurrency

Its not like its the first time we've seen this pattern either (as Mark Cuban explains through his own first-hand experience):
blogmaverick.com/2013/01/10/the…
#dotcombubble #bitcoinbubble #blockchain #cryptocurrency #StockMarket

Its not even as though KodakCoin is a particularly clever name.
My money now is on someone buying up the name rights for @blockbuster and renaming it as BlockchainBuster before quickly selling on for a profit.
It makes as much sense as most of the other stories.

Step 1 - announce a problem.
Step 2 - Claim blockchain can solve it (giving no explanation).
Step 3 - Profit (in the very immediate term).

The graph below illustrates this perfectly:

Although investors who look at a long term graph will see that the once venerable Eastman Kodak's prospects are not looking quite so rosy.
#KodakCoin #kodak

So Kodak is basically just launching an equivalent to @GettyImages or @Shutterstock in an already developed market, but claims that Blockchain will somehow make this different.

Can anyone explain to me how this is really that different to what @digimarc and no doubt others have been doing since the mid 90s.
FFS, they even had the plugin included with every copy of Photoshop for years.
What part of the idea is new?
helpx.adobe.com/uk/photoshop/u…
#KodakCoin

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