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RE: How the blockchain is changing money and People

in #blockchain7 years ago

Blockchain: Enter Google, Exit BitCoin?
by Vince Lanci | ZeroHedge
Jun 26, 2017 10:58 AM
http://www.zerohedge.com/news/2017-06-26/blockchain-enter-google-exit-bitcoin

Via Soren K. Group and Marketslant.com

Based on our collective observations and experience at Soren K. Group we feel as qualified as anyone to opine on the path ahead for Blockchain adaptation and success determiners. One of us has already been publicly dubbed as "expert" in the field of pygmies. We would simply say that our knowledge is based on applying existing models to the field.

What we do understand intimately ... (is) that market structure is key to understanding the path of any disruptive industry development. That helps us handicap the path forward for this new game-changing industry. We know how it ends. The trick is understanding the likely path to that end.

We love assessing new developments in old industries like lateral drilling in oil, fracking in Nat Gas, Retail (Amazon made Scaling less important than Networking) and now in Banking.

We see Blockchain as totally changing Banking's (and a ton of other industries) face in the next 10 years. The "How" is dependent on the people at the helms of the industries affected by the C2C model blockchain enables. Secure individual ledger accounting kills disintermediators just like globex obviated many brokers and then how algos unemployed traders.