Quote from: poloskarted on July 20, 2015, 02:00:52 AM

For sure. Blockchain/Smart contracting is hot right now. Just take a look at some of the big financial institutions working, or considering working on blockchain/smart contract pilots:

Quote

CBW Bank
ANZ
Westpac
Commonwealth Bank of Australia
BNY MELLON
LHV Bank
Barclays
UBS
Goldman Sachs
ABN Amro
ING
RoboBank
SWIFT
Santander
Standard chartered
DBS
USAA
BBVA
KPMG
InfoSys Finacle
CitiBank
DTCC
Deutsche Borse
Markit
EuroCCP
CME

Also NASDAQ, NYSE, etc. There's so many more.

I think the only thing holding Counterparty back is the lack of a truly significant overlap between the financial sector and solid programming knowledge. Those that understand both the economic implications of Counterparty, and have an adequate grasp of Python and Bitcoin technology to know how it works... have a huge advantage right now. If Counterparty is given a chance to demonstrate its potential in this sector, then the benefits will be plainly evident to anyone. At this point the programming knowledge won't be necessary to be convinced.

The idea of 'magic code voodoo' and getting your opinions from cryptocurrency news sites and message boards massively sways price up and down. In fact, many statisticians have argued that volatility is caused by the media and not economics. Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change.

Bitcoin has all the markings of a potential black swan event: (https://en.wikipedia.org/wiki/Black_swan_theory)

Anti-fragility
Decentralization
Infinite growth potential
High-profile
All occurrences in the system so far are justified in hindsight as being fully explained

Slowly people realize that the Bitcoin blockchain is the only real option, and that Counterparty offers the most advanced way to use its features. I hope people will be inspired to contribute to the open source code of Counterparty and Counterwallet, because this technology has the potential to reach millions of individuals without access to banks or the financial system.

I would like to also draw attention to a project which will be compatible with Counterparty:

BitSIM aims to make Bitcoin and Counterparty accessible from any mobile phone (even non-smart phones!). http://www.bitsim.co/

If you're somehow not convinced, consider that even Bill Gates invested $100,000 in Bitcoin mobile technology:

https://bitsoko.co.ke/

https://leveloneproject.org/about-us/announcements/