Post
Topic
Board Bitcoin Discussion
Re: ho is going to host a 100TB blockchain ???
by
var53
on 02/10/2016, 00:37:21 UTC
"SanDisk has recently announced that they have started shipping their 1GB Secure Digital (SD) flash card. Although it has slipped its expected date, it is still the first production 1GB card. Jointly developed with Sharp, it contains a unique “stackable” packaging technology which has both a low-cost and high-yield so that it can be competitively-priced. It is available immediately with a suggested retail price of $499.99"

This is from 2004. So 12 years ago. $500/gb. Do you know what $500 buys now? http://www.newegg.ca/Product/Product.aspx?Item=N82E16820233766&cm_re=512gb_flash_drive-_-20-233-766-_-Product

2 512GB usb sticks. That's 1/1000th of the price in 12 years!

Now think... in 10 years do you really think 100TB will cost much more than $100? And will the blockchain even be that big??

I remember buying 256 MB pen drives a decade ago, now I'm buying 32 GB pen drives for the same price, and they run at faster speeds than the old ones. In another ten years I'll be buying 3 TB pen drives for the same price, and there will be 30 TB pen drives available that I refuse to pay for until their price drops.