I’m not sure people laughed at any of those companies. Most of all, each of those companies had products that were tangibly superior (in one form or another) to what had gone before.
Crypto has had well over a decade to convince us of its potential, and while I accept that cross-border...
I have to question (as Mr Phil states above) how many of these applications “needed” ETH, as opposed to ETH needing the apps as proof of concept.
Don’t get me wrong, I don’t wish impoverishment on anyone, I just fear that unless this generation of apps/dapps produce some poster boy successes...
Ok, so, Ethereum you say, I go looking for real world uses for Ethereum, and although there aren’t any household names, I see that there are card trading games that use ETH to keep score, and keep track of who owns game related NFTs. I see that there are lots of apps (albeit mainly relating to...
A genuine question, if institutions are buying in large quantities, and all transactions (regardless of retail or institutional) are recorded on the blockchain, why is the price dropping?
For me, significant institutional interest would cause a corresponding rise in retail interest, as...
So, can you point at one please?
A successful global scale application? We’re about fifteen years in, there have to be some real world success stories, with corresponding rise in the utility coin’s value?
Blockchain isn’t new anymore, what’s the delay?
I think a great birthday present, and I hope his market moves work out for him, but I feel my scepticism possibly leaks through into my posts on this subject!
And do you still hold genuine belief that this will happen?
To my mind, the world has moved on.
While I don’t doubt that there are real world use cases for block chain or hashgraph technology, I don’t see a compelling argument for anyone basing any proprietary technology on a publicly traded...
I appreciate the timeframe I’ve had skin in the game for is short, but I do worry that those who have gone “all in” are at risk of learning lessons about the fickleness of human nature.
Already all the conmen have stopped advertising that their latest wheeze uses blockchain technology, and have...
At present I have to say that a control amount I invested in my ISA (into 3 Vanguard tracker funds and Fundsmith Sustainable) is up 9%, while my crypto bet is down 25%
I await the glorious upturn like a Scientologist waits to be beamed up to the mothership.
DAO’s sound almost utopian, until you look at things like Brexit, and then you realise that majorities can be gulled into believing some damn silly things. (Like crypto currencies controlled by the WEF)
So, you’re talking about the creation of new digital tokens, one per equivalent existing currency (e.g. USDD - United States Digital Dollar) - ok
Whereas @RandyWanger’s vision appears (ere, I’ve been whooshed) to be more of an international central bank run by corporate interests in the shape...
Perhaps, but that would require them to be used by central banks, surely?
I’d have expected central banks to have a vested interest in the recovery of their national currency, rather than working around it. Any assistance provided to markets to stabilise them from central banks would...
I’ve heard this song before, and you’re absolutely right that there’s a stock market crash coming. They come along regularly, right after stock market recoveries and stock market boom times.
However, what you’re betting on here, is that rather than crash, recover, boom, the market crashes and...
My stocks and shares ISA is still comfortably outperforming my crypto bet, but I’ve only had skin in the game for a few months.
I have low expectations, and the tokens will just sit there gathering dust and get checked every month to see if anything interesting is happening.
BTC is the...
Sustainability. We are not yet powering everything with clean energy, which means we are potentially worsening climate change, or in the case of nuclear, wondering where to stash the highly radioactive waste material for the next 10,000 years.
It may be that over years or decades we can build...
Well, I placed my little bet about a month ago. Let’s just say that my “holdings” are currently “worth” less than I paid for them.
However, like a gambler with their mechanism gone, I’m convinced that this next 12-24 months will be lifestyle defining, and make up for all the bad times...