Business Quote by Blythe Masters
“Distributed ledger technology is fashionable. In fact, if you could wear it, you'd put Ralph Lauren out of business, at least in my case.”
About This Quote
Source Speech: Conference on FinTech Innovation, 2015
The quote humorously critiques the hype around blockchain, suggesting it’s over‑promoted and impractical for everyday use.
In simple terms: Blockchain hype is overblown and impractical.
Key Takeaway
Question skepticism about tech trends.
Themes
technology
fashion
skepticism
Mood
cynical
witty
Type
observational
satirical
When to use this quote
- Investors evaluating new tech
- companies considering blockchain pilots
- policy makers assessing regulation
Key Concepts
Hype cycles
adoption barriers
Questions to Reflect On
- Is there a realistic use case you can envision?
- How does hype affect investment decisions?
A Different Perspective
The technology may still have niche, valuable applications despite the sarcasm.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)