Crypto Predictions
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@kelly said in Crypto Predictions:
The reality is that blockchain is not going away. It is going to fundamentally alter a significant number of technology driven industries. I doubt that cryptocurrencies are going to die either. They might be legislated into the shadows, but that cat is out of the bag.
And now that Venezuela has a state-sponsored currency, that is going to push other governments to consider something similar.
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@momurda said in Crypto Predictions:
Looks like I am not the only one.
https://arstechnica.com/tech-policy/2018/02/bill-gates-says-cryptocurrencies-have-caused-deaths-in-a-fairly-direct-way/So yes, crypto is more anonymous than cash. I don't see how the death or kidnapping really plays into it? Has there been research done showing a significant increase in those directly attributed to cryptos?
What about the number of crypto related deaths vs the number of malnutrition related deaths?
I mean I really don't see the correlation.
I also don't subscribe to the notion that "because Gates said it" makes it the holy world of tech or crypto.
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@computerchip said in Crypto Predictions:
@momurda said in Crypto Predictions:
Looks like I am not the only one.
https://arstechnica.com/tech-policy/2018/02/bill-gates-says-cryptocurrencies-have-caused-deaths-in-a-fairly-direct-way/So yes, crypto is more anonymous than cash. I don't see how the death or kidnapping really plays into it? Has there been research done showing a significant increase in those directly attributed to cryptos?
What about the number of crypto related deaths vs the number of malnutrition related deaths?
I mean I really don't see the correlation.
I also don't subscribe to the notion that "because Gates said it" makes it the holy world of tech or crypto.
Exactly... briefcases full of cash have caused far more murders and deaths because they have been around longer. A briefcase full of cash used to be how you bought a shipping container full of people or paid a hitman. Far more suffering has been caused by cash payments... so I guess we should ban cash, eh?
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@momurda said in Crypto Predictions:
Looks like I am not the only one.
https://arstechnica.com/tech-policy/2018/02/bill-gates-says-cryptocurrencies-have-caused-deaths-in-a-fairly-direct-way/I dont get it. You think government is corrupt, but want more government and banker control?
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@scottalanmiller said in Crypto Predictions:
@kelly said in Crypto Predictions:
The reality is that blockchain is not going away. It is going to fundamentally alter a significant number of technology driven industries. I doubt that cryptocurrencies are going to die either. They might be legislated into the shadows, but that cat is out of the bag.
And now that Venezuela has a state-sponsored currency, that is going to push other governments to consider something similar.
Yes there are already two other countries doing this. One African country and one here in the Caribbean. Let me try to find the articles.
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@scottalanmiller said in Crypto Predictions:
@kelly said in Crypto Predictions:
The reality is that blockchain is not going away. It is going to fundamentally alter a significant number of technology driven industries. I doubt that cryptocurrencies are going to die either. They might be legislated into the shadows, but that cat is out of the bag.
And now that Venezuela has a state-sponsored currency, that is going to push other governments to consider something similar.
Oh and when bitcoin was crashing under $6k. My friend in Ecuador lost all access to exchanges and crypto related websites. The government blocked in an effort to kill bitcoin. Now they unblocked everything and are making their own currency
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http://bitcoinist.com/marshall-islands-to-issue-crypto-legal-tender-sovereign-sov-a-global-first/
“IT IS TRUE THAT THE PREVIOUS INDUSTRIAL REVOLUTIONS HAVE PASSED US BY. THIS TIME, I HOPE THE FOURTH INDUSTRIAL REVOLUTION DRIVEN BY DIGITAL TRANSFORMATION WILL NOT LEAVE AFRICA BEHIND.”
https://bitcoinwarrior.net/2018/03/kenyan-government-embraces-blockchain-technology/
@scottalanmiller that didn't take long
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@irj said in Crypto Predictions:
http://bitcoinist.com/marshall-islands-to-issue-crypto-legal-tender-sovereign-sov-a-global-first/
“IT IS TRUE THAT THE PREVIOUS INDUSTRIAL REVOLUTIONS HAVE PASSED US BY. THIS TIME, I HOPE THE FOURTH INDUSTRIAL REVOLUTION DRIVEN BY DIGITAL TRANSFORMATION WILL NOT LEAVE AFRICA BEHIND.”
https://bitcoinwarrior.net/2018/03/kenyan-government-embraces-blockchain-technology/
@scottalanmiller that didn't take long
Yeah, it's a huge opportunity for smaller governments to make big gains against the big ones. It's hard for the US or EU to get into blockchain, but easy for Kenya or Ecuador (who doesn't even have a currency of their own till this!)
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@scottalanmiller said in Crypto Predictions:
@irj said in Crypto Predictions:
http://bitcoinist.com/marshall-islands-to-issue-crypto-legal-tender-sovereign-sov-a-global-first/
“IT IS TRUE THAT THE PREVIOUS INDUSTRIAL REVOLUTIONS HAVE PASSED US BY. THIS TIME, I HOPE THE FOURTH INDUSTRIAL REVOLUTION DRIVEN BY DIGITAL TRANSFORMATION WILL NOT LEAVE AFRICA BEHIND.”
https://bitcoinwarrior.net/2018/03/kenyan-government-embraces-blockchain-technology/
@scottalanmiller that didn't take long
Yeah, it's a huge opportunity for smaller governments to make big gains against the big ones. It's hard for the US or EU to get into blockchain, but easy for Kenya or Ecuador (who doesn't even have a currency of their own till this!)
Right, and we all know first is everything in crypto... Look at bitcoin that no longer has any tech value.
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@irj said in Crypto Predictions:
https://cointelegraph.com/news/chile-adopts-blockchain-technology-for-national-energy-grid
It's snowballing now.
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@scottalanmiller said in Crypto Predictions:
I saw a middle eastern country is doing this with cars as well. Service history will be included as part of blockchain.
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Blockchain has the potential to add an unprecedented level transparency to everything. I'd love to see an application that turns the ownership of information on its head. For example I have no control over my medical records. They're not really mine. They're a medical provider's records about me. If I were able to encrypt and store my <insert type> of records where I was the one determining who had access, to what, and for how long it would be amazing. There are potential weaknesses, but no more or worse ones than we have now with companies like Equifax handing out personal and financial information willy-nilly.
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None of those stories about blockchain tracking for real items are relevant to the scam of cryptocurrency.
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@momurda said in Crypto Predictions:
None of those stories about blockchain tracking for real items are relevant to the scam of cryptocurrency.
Keep thinking that about crypto currency.
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@momurda said in Crypto Predictions:
None of those stories about blockchain tracking for real items are relevant to the scam of cryptocurrency.
There are cryptocurrency scams and I'm guessing we're going to see an ebbing to the value of BTC at some point in the near future. However, this is never going away. It may not ever intersect with your life directly, but already banks are developing internal blockchains for handling transactions. This genie is not going back in the bottle.
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@momurda said in Crypto Predictions:
None of those stories about blockchain tracking for real items are relevant to the scam of cryptocurrency.
No scam in cryptocurrency more than there is with any form of money. Actually, with block chain, crypto becomes the least scam of any currency type.
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@scottalanmiller said in Crypto Predictions:
@momurda said in Crypto Predictions:
None of those stories about blockchain tracking for real items are relevant to the scam of cryptocurrency.
No scam in cryptocurrency more than there is with any form of money. Actually, with block chain, crypto becomes the least scam of any currency type.
Sure, there are scam coins but, if you do your research you wont get scammed. There are coins out there that dont even have a website. Yet people invest in them.
Name an industry that doesn't have any scams....
I'll wait.
