Quote from: Haddem on July 13, 2017, 10:20:52 AM

Won't Reggies plans to align with stock exchanges solve this problem? I mean, if we can get VERI with dollars and other fiat currencies, that would practically mean ETH is only needed for gas? Or am I seeing this the wrong way?

Ethereum is needed for gas, and access to the distributed blockchain. The financial industry has spent a lot of money building private competing blockchains. The duplicated effort to maintain these separate platforms is an unneeded cost, and exposes the financial industry to a whole host of security implications through security through obscurity. Reggie's work to build Veritaseum will be built upon public access to the blockchain. This is a competitive edge. Just like the walled gardens of AOL, and other early online providers could not withstand the onslaught of the open internet.

Your Porsche Panamera, Mercedes-Benz S-Class, or BMW 7-Series all drive on the same road as a Kia or Fiat. The infrastructure is not a determination of the vehicle's value. The infrastructure guarantees only the rules of the road.

For public infrastructure and I am comparing Veritaseum to the National Highway system, these expected rules are what allow businesses to operate upon them, individual drivers to make their livelihood by commuting and, pleasure seekers to take weekend sight-seeing drives.

All of what we expect from the highway infrastructure, is what allows business and commerce to thrive. We are together building the distributed blockchain system. This endeavor began with bitcoin and continues through ethereum to new tokens like VERI.

Veritaseum is moving fast and the deals they make with legacy institutions strengthen both parties and allow them both to thrive in this emerging economy. The barriers to entry are remarkably low still and your future self will smile knowing you were a part of such a momentous moment in history!