Family of bears on the lawn at the park in Lake Tahoe.
Strange evening, do you feel it?
This is in response to another article I saw tonight.
It really doesn't matter which one. Could have been any of them, but is here.
Let's take it though the rational discourse here:
In the US, almost all investments are in USD.
- What if you don't want to invest in USD?
- What if you don't want to wait until Wallstreet decides to stop the music and their irrational exuberance, and decides it's time to soak the population again?
(every 10 years or so, we are due)
What if you want to buy gold?
- Good luck getting it on an airplane.
- Silver? Even worse.
What if you want to roll around with a set of keys and a Flash drive on your keychain?
All the rest is noise.
All the rest, is immature technologies, maturing into proven technologies.
Welcome to the future, where money can be created in a P2P community in the cloud, and used instead of USD.
Say goodbye, to the little box that most people live in.
Other side of this coin: it's all about APPS now.
All about apps attached to blockchains; the many applications that can change our world and make it a less corrupt place (in theory).
Apps like Steemit, and apps like smart contracts.
When you listen to a tech savvy lawyer talk about smart contracts?
That is the ultimate...
- like listening to a record store clerk talk about Pandora Music Service (the tech that will replace them).
- or the factory worker, talking about training the robot that will replace him...
But we must draw the distinction in the crypto world, when sizing the landscape or any ICO or token; is this a shit-coin copy of Bitcoin?
Or is this a new technology that can change the landscape (BAT, STEEM, etc)?
So the point being, some ICOs are very serious end runs around wall street, banks and VCs, to create something traditional funding was not able to create. (ETH)
A key aspect I don't see talked about here; is 3rd generation blockchains. These are designed from the ground up, to be ETH and BTC killers.
Will they kill?
Yes, at taking a large chunk of the market for themselves...
EOS has been designed to replace the software Wall street uses today.
That is a vision, and it's worth watching this infant learn to crawl, then walk, then speak, then think.
Will it go without a hitch?
No, put $20K in a shoebox and be ready for the shit storm.
But this time, we control the ball....