Quote from: mrcash02 on December 08, 2016, 05:22:22 PM

Quote from: crptoenthuse on December 08, 2016, 05:16:12 PM

Sorry if not clear, but what I meant is whether we can envision funding and operating major projects such as airport or hotel, using blockchain technology? It's clear that the current application of clockchain is mainly limited to Finance but there are several other PoC underway by enteprises for other possible applications. Can this be one?

Hope it's clearer now.

Thanks

I think you are saying about create and build an airport or hotel using BTCs...

It would be a big project and many BTCs would be spent to concretize this idea, I'm not sure someone would be interested in using Bitcoins for an idea like this now, the flutuations in the coin price are still big and frequently, to invest on something like this the coin used should something more stable like dollar. But as Bitcoin is money, someday someone could try to realize a big project like this using Bitcoin.

I dont think so that anyone could able to jump on the risk regarding in bitcoin and they would really not tend to do this project and as you mentioned it will really need bitcoin to implement this idea. They cant able to handle the risk for sure since they know that bitcoins price is too volatile to consider.