I should start out by saying that this post might not age well. Misplaced optimism is forgotten, whereas undue pessimism is ridiculed. Regardless, if I were interested in agreeing with conventional wisdom and dressing it up as insight I would go work for McKinsey. In my view, blockchain isn't going to revolutionize the global economy or fundamentally alter existing corporate structures, and it isn't going to bring about the end of intermediaries. This is because blockchain is a solution to a non-existent problem.