Stuff like this amuses me endlessly. Watching brain dead Corporations try to dabble in the Crypto space and BlockChain technology is a comedy of errors. What I am going to do now is give the average person a simple breakdown of exactly what the BlockChain is.
What you have here is an accounting ledger, which is exactly what BlockChain is. The history of accounting goes back thousands of years and the BlockChain is no different than this accounting ledger. The concept is so simple and so basic and so easily confused with something magical or unthinkable, almost mystical. This is why it amuses the shit straight out of me every single time a large vast multi-billion dollar corporation issues a press release stating that are doing BlockChain research or BlockChain technology. It is a goof, a joke, a way to convince the gullible to donate money to something they have no clue of understanding.
So just think every time you see a Corporation or some charlatan discusses the brand new BlockChain technology is going to make you money, it is nothing more than a digital accounting ledger that is thousands of years old.
This does not mean that the Crypto sphere is a hoax or a scam. It is a different way of conducting business outside of the current fiat based economic system. I would also add, BlockChain technology would have a better use in the medical field than any other field but that is just my opinion. Enjoy the video below and do not let people convince you that old terms reapplied today digitally are something magical or mystical.
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