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RE: STEEM Is Cryptocurrency 2.0: Here Is Why It Is A Huge Winner Long-Term

in #steem7 years ago

Very good article! I've been trying to tell people that we are still in very early days with crypto. I agree with your assessment that probably only a fraction of 1% of the world has even started on the path towards getting involved. The crazy thing to think about is when (and I really think it's a when and not an if) 20-30% of the world starts to participate, the overall marketplace will be so gigantic it's hard to fathom. The valuations on some of the "early" tokens/coins is going to be mind-blowing.

One of the things I've been thinking about and wondering is how this marketplace is going to evolve. I see where you're coming from with the "tokenized" world and it makes sense. I can't quite envision how that's going to play out yet....but, that's basically what you're saying in this piece: we can't even imagine it yet because it's so foreign to what we're accustomed to. Since you seem to be ahead of the curve in thinking about the future, my question to you would be.....

How do you see these blockchains and the "companies" behind them evolving in the future? In the stock markets, you have companies that want to expand their technologies, distribution channels, etc....and they do that by buying out other companies or "mergers and acquisitions". Is that going to be possible in blockchain? Can, say Bitcoin, for example, "buy out" Litecoin somehow? Or Dash? Or something else? Could Facebook at some point see the writing on the wall and decide they want to buy SteemIt? I'm not saying they would or that SteemIt would sell....or that it's even possible..... I guess that's what I'm asking. How do you see this marketplace evolving? I don't have a clue at this point. Any insight?