Post
Topic
Board Speculation (Altcoins)
Re: FACTOM (FCT) long-term - Why no one is talking?
by
anwgust
on 21/05/2017, 08:52:57 UTC
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.  
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.

It shows how non-technical you are. People like you are using it as a gamble medium only but there are many who understands the core data structure on which these blockchains stand on and the problem that they resolve. Yes, these cannot be used as low latency data structures but that doesn't mean they are not efficient. They serve the whole big picture than that.
You need to be a computer science graduate with Finance background to understand what all problems it is resolving. So gamble and be happy but we are not buying your useless comments "People seem to forget...".

Educate yourself...

The thing about educating yourself at cryptosphere is that majority is not going to do it, never. You can earn more in this field by leaning on the crowd psychology, there's sure a lot of hot air in the market caps and no real value for most of the coins.