Jeff Bezos, the CEO of Amazon, was once asked , “What’s going to change in the next 10 years?”. The interviewer was also hoping to hear the ‘The Next Big Thing’.
However, Jeff’s reply was a smile and, “ That is a very interesting question; it’s a very common one. I almost never get the question: ‘What’s NOT going to change in the next 10 years?’ ”With the changing dynamics of markets and human behaviors, it seems difficult to predict the right choice. However, we can predict things that will stay with us and choose what to invest on. Let’s look at Jeff and Amazon. For him the thing that will stick with his brand will be timely delivery and low cost. No one in 10 years would like late delivery times and super expensive stuff. So he invested his time and money on improving that and today we see Amazon, a leader in the online market. The secret that Jeff threw at us to find the ‘The Next Big Thing’, is not by looking at something that will drop from the blue but something that will stick with us. That’s where you make money. As to answer the question in relevance to Bitcoin. Just ask yourself, ‘What is the future of banks?’A wise person once answered that with, “There are no banks in the future”.