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"a tsumani of change is coming"=which way tho? pro or con crypto? TIA

(In response to this post by MrBayAreaHokie)

Posted: 05/21/2021 at 5:05PM

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Current Thread:

Crypto people... Let's discuss.... I keep hearing that crypto currency and -- HokieSignGuy 05/21/2021 1:08PM

Ok, so let me explain a few things -- MrBayAreaHokie 05/21/2021 2:52PM

"a tsumani of change is coming"=which way tho? pro or con crypto? TIA ** -- bourbonstreet 05/21/2021 5:05PM

The big question is which crypto emerges as the victor? Bitcoin, ether, -- HortHokie 05/21/2021 4:35PM

I think ecosystems will specialize but need to have interoperability ** -- Technocrat 05/21/2021 5:32PM

It's called risk ** -- 133743Hokie 05/21/2021 4:28PM

I don't doubt the importance and future applications to the financial -- HokieSignGuy 05/21/2021 3:03PM

One from your document.... I can see the blockchain helping with contracts -- HokieSignGuy 05/21/2021 3:07PM

So at work -- MrBayAreaHokie 05/21/2021 4:23PM

That sounds pretty awesome. Most consumers will have no idea how -- HokieSignGuy 05/21/2021 4:28PM

It should, but they might just make more money too LOL -- MrBayAreaHokie 05/21/2021 7:20PM

I Just heard this... -- HokieSignGuy 05/21/2021 2:31PM

That is correct and much of the value lies in electronic or smart -- Technocrat 05/21/2021 2:51PM

All subject to hacking and electronic manipulation. Digital security -- 133743Hokie 05/21/2021 4:36PM

Not only that, but privacy as well. If all my transactions are stored ... -- Freddyburg Hokie 05/21/2021 6:56PM

Your name is not attached to your records ** -- Technocrat 05/21/2021 8:45PM

Don’t question the blockchain!!! -- HokieSignGuy 05/21/2021 8:28PM

Whew! That will be a long read, but looks like a good one. Your excerpt -- HokieSignGuy 05/21/2021 3:00PM

This could very well be the dot com moment for Web 3.0 -- Technocrat 05/21/2021 3:13PM

Okay, that Stream-lines a process that right now, is inefficient. -- HokieSignGuy 05/21/2021 3:28PM

Thats like at a new webpage and saying how is the internet going to change? -- Technocrat 05/21/2021 3:32PM

Okay, per your examples.... -- HokieSignGuy 05/21/2021 3:45PM

In all seriousness one of the biggest changes will about you, and what -- Technocrat 05/21/2021 4:02PM

Yes, transformative. -- HokieSignGuy 05/21/2021 4:10PM

More will be revealed 😊 ** -- Technocrat 05/21/2021 3:49PM

I really think that is the basic explanation of blockchain -- HokieSignGuy 05/21/2021 3:57PM

It's transforming me into a billionaire. That's what's amazing. ** -- ElbertoHokie 05/21/2021 4:18PM

Charges will be much easier to be pay by use - think cable tv -- Technocrat 05/21/2021 4:04PM

Yeah, I welcome those changes. -- HokieSignGuy 05/21/2021 4:13PM

Please see above ** -- Technocrat 05/21/2021 4:02PM

^^ That is like looking at a webpage.... ** -- Technocrat 05/21/2021 3:37PM

Yet another hyped revolution...in the ether this time. For now, i see -- ColoVT82 05/21/2021 1:55PM

Here's a related question, what will bitcoin fees look like in the future? -- jmanatVT 05/21/2021 1:37PM

Who controls those fees? Is it based on an algorithm so the fee structure -- HokieSignGuy 05/21/2021 1:44PM

For bitcoin, the fee is a bid by the person who wants the transaction -- jmanatVT 05/21/2021 2:29PM

Something can be a different way of doing what we already do and still -- Tafkam Hokie 05/21/2021 1:19PM

But the backing of a government is what makes the currencies stable... -- HokieSignGuy 05/21/2021 1:26PM

All true, but the "confidence" people have in a government vs. a -- Tafkam Hokie 05/21/2021 1:37PM

Here's the Cliff Notes version -- darnellm 05/21/2021 1:19PM

Here the CLICKABLE LINK for dummes. -- HokieSignGuy 05/21/2021 1:21PM

Fat mac always struggled at hyperlinks as well. Coincidence? ** -- BG Hokie 05/21/2021 2:06PM

If you can't see how revolutionary it is, I don't know what to tell you. -- MP4VT2004 05/21/2021 1:14PM

Lol, that the the EXACT kind of thing I keep hearing about it... -- HokieSignGuy 05/21/2021 1:20PM

Seems more like the pathway to dystopian future where -- Tafkam Hokie 05/21/2021 1:39PM

I get the feeling that some crypto investors are actually rooting for that. ** -- TekkNerd 05/21/2021 2:01PM

Yep. Kinda survival of the fittest mentality going on. ** -- Femoyer Hokie 05/21/2021 2:03PM

Yeah, from my outsider's perspective, it seems like... -- MP4VT2004 05/21/2021 1:26PM

I'm just trying to figure out how it will REALLY revolutionize the world. -- HokieSignGuy 05/21/2021 1:31PM

Digital tulips.... -- Vtskier1 05/21/2021 1:24PM