Post
Topic
Board Economics
Re: How will crypto go long term?
by
S.Sandberg
on 23/04/2018, 19:48:10 UTC
long term ?? VERY FEW PEOPLE UNDERSTAND THIS :

wealth is into different fields over time, but never come back.

from 1st century to the late XIV century, kings and emperor were the richest people. ( wealth into kings hands)

from XV to XX century the richest were the bankers. ( wealth into bankers hands)

1960-2000 Microsoft Apple Hardware and system providers made it into the richest places and the most powerful. ( wealth into hardware corporation's hands)


2000 - 2015  Internet race with Facebook, Google, Amazon, Alibaba wealth got owned by Internet linked businesses. ( wealth in social & internet corporations hands)


2012- 2018 is about blockchain businesses. (wealth into crypto businesses hands ).

the true question is : what's next ? and when ?

THE THING is that you might argue that X or Y currency has better features etc... but the truth is, when an even more advanced technology come, it will whipe out the profit from cryptocurrencies.

and technological breakouts are hapenning more and more often, happening faster and faster.

so a good advice : try and keep looking around, at the Not-blockchain new tech, that might be threatening our world. If you find such a technology, it will be time to leave the crypto world.


an exemple : quantum computers. ( very far from now but still ). this is the kind of thing you all should up to, when t comes to long term.