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RE: CryptoFinance 2017: Wow!

in #norway7 years ago

Yes, I agree with you. It is strange that people are so bullish on a technology that is outdated. However, I believe that the digital asset space is pretty darwinistic (survival of the fastest adaptable) and that some other coins will climb up the ranks. I am not a technologist, but all this hardforks looks a little scammish from the outside and also a kind of inflation. BTC should decrease after a fork which it did not, which is not rational and pointing to a information asymmetry of the participants or just plain manipulation. Cryptocurrencies are not really that scarce in my definition of scarce. Gold is scarce.

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It must be Logician thinking but I had the exact same thoughts ^^ Once enough people realize what the Blockchain can actually do they are gonna look for the best suitable ones to fit their needs (hint, hint, EOS ;p). Bitcoin is far from being the best candidate when it comes to actual utility.