Quote from: rodskee on July 25, 2024, 07:08:37 AM

Quote from: bluebit25 on June 14, 2024, 01:26:29 PM

While I also really love blockchain technology as I have to be frank with the fact that the hype is going on, it exaggerates more than it actually solves things, things are still the same popular financial playground.

well blockchain is still a bit new to the ears of many people.

it is not like we can expect the blockchain technology to change the financial system overnight. it will take work and that work will be coming from us.

since there are not much people who are aware about blockchain tech just yet and does not have any idea how to navigate through it, it is not being used to its maximum potential by the right people just yet.

right now all people can do is speculate about how the blockchain tech can help us change or improve the system

Definitely.
Some people are even familiar but still not convinced of this technology's potential, which is just fine. Let time help them to realize the advantages of this industry with regards to payments and daily transaction if ever things would be adapted by more countries, companies, wnd basically people. Indeed, this industry is still young despite its existence which is more than a decade already. There are still a lot of rooms for improvement and further developments concerning speed, cost, and overall efficiency of transactions. Right now blockchain technology and this industry in general is more used as means of digital investment to make profit from but it already has advantages over fiat based digital currencies as a mode of payment for more people to see in the future.