|
Title: blockchain and bottom line Post by: sv624 on October 20, 2017, 06:11:43 PM Hi All,
So many startups are coming up with ideas to use blockchain of this and for that, looks like every walk of life can use blockchain. But what are the real advantages of blockchain that will bring profit to the bottom line? Low transaction fees is one thing. But will they remain low forever? De-centralized or not does not matter to bottom line. Thanks in advance Title: Re: blockchain and bottom line Post by: AtheistAKASaneBrain on October 20, 2017, 06:17:55 PM Hi All, So many startups are coming up with ideas to use blockchain of this and for that, looks like every walk of life can use blockchain. But what are the real advantages of blockchain that will bring profit to the bottom line? Low transaction fees is one thing. But will they remain low forever? De-centralized or not does not matter to bottom line. Thanks in advance What do you mean by bottom line?? You mean the Average Joe? Well, certainty people don't seem to care about decentralization and privacy, otherwise they wouldn't be using what they are using (Facebook and so on). The thing is, until people don't see the importance of decentralized currency, we don't really have to worry about it. The demand must arise organically. Once cash is removed, a lot of people will look for alternatives, and bitcoin will be that alternative. Until then, enjoy the benefits of being a pioneer. And remember, we don't need the bottom line to see BTC hitting 6 figures, we just need the wealthy to wake up and start moving their portfolios into BTC. Title: Re: blockchain and bottom line Post by: cointabo on October 20, 2017, 06:36:31 PM Hi All, So many startups are coming up with ideas to use blockchain of this and for that, looks like every walk of life can use blockchain. But what are the real advantages of blockchain that will bring profit to the bottom line? Low transaction fees is one thing. But will they remain low forever? De-centralized or not does not matter to bottom line. Thanks in advance The real advantages of blockchain in real life are: - unalterable database/log keeping - accurate global intel distribution to name a few, there are lots of other uses for the technology. Decentralization does matter and it is a big thing. Title: Re: blockchain and bottom line Post by: MarioLuck990 on October 21, 2017, 08:45:48 PM Blockchain is like the web, everybody can use it, is a new technology. The benefits are many, first is a decentralized technology, no main servers are needed, no one can attack a main server. It is safe and perfect for transactions. There are so many start ups now because blockchain technology make new projects able to start.
|