Agree 100%. Of course there will be winners and losers. The best analog is the early days of the internet. There was excessive speculation about the value of this new technology in the late 1990s. The speculation went through a bubble and bust cycle but ultimately was proven correct that the internet was a game changing technology. Pets.com and many other sites went to zero (the losers) but the amazons/googles/facebooks/etc of the world were huge winners. Blockchain will be no different. So far, despite 1-slow transaction speed, 2-lack of definitive resolution on the scaling debate, and 3-high transaction costs, bitcoin has proven to be the best asset in this space... well deserving of the first mover advantage.
Agree 100%. Of course there will be winners and losers. The best analog is the early days of the internet. There was excessive speculation about the value of this new technology in the late 1990s. The speculation went through a bubble and bust cycle but ultimately was proven correct that the internet was a game changing technology. Pets.com and many other sites went to zero (the losers) but the amazons/googles/facebooks/etc of the world were huge winners. Blockchain will be no different. So far, despite 1-slow transaction speed, 2-lack of definitive resolution on the scaling debate, and 3-high transaction costs, bitcoin has proven to be the best asset in this space... well deserving of the first mover advantage.