no i disagree because so far all the things that were actually launched based on blockchain technology have mostly been hot air and was done for fundraising purposes not to use the benefits of the blockchain technology or even to improve it in any way.

not to mention that bitcoin has nothing to do with any of these! bitcoin is just a currency, it is not creating any market or anything like job.

What we need is scaling solutions

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

A few years ago, we had the "Cloud mining" phenomenon and most people were warned that it was a Ponzi scheme, but they

still invested. A Ponzi scheme is a form of fraud in which a purported businessman lures investors and pays profits to earlier

investors using funds obtained from newer investors. Source : https://en.wikipedia.org/wiki/Ponzi_scheme

I still see some of those types of schemes around, so I was wondering if these schemes has changed their business model or

if people are knowingly investing in these schemes. 

I know Ponzi schemes are legal in some countries, but most of these schemes are advertised globally, so they should not be

legal in countries where they are classified as being illegal. 

                                  Would you still invest in something, even if you know it is a scam?

This is what often happens in the cryptocurrency market.

Sometimes you just see the price of the entire market going dip as a result of statement made by one influential person. Such persons are agents of FUD and yet you continue to reverend them because of their past or current achievements. They scare you to sell cheap to them, and later, they reverse their statement through someone else probably their cohorts, then the prices start to skyrocket again, then you start playing catch up to buy again even at prices far above what you sold to them. And the process goes on, starts all over again.

My friend! wise up and stop allowing someone to switch you off and on. You are not a toy robot.

Learn to stand your ground amid such manipulations or low market prices.

It was like 10 years when Lehman Brothers collapsed followed by a global and economic disaster. But we have to thank that this event has happened otherwise Satoshi wouldn't created Bitcoin in the first place. It was the catalyst for him to invent a P2P currency without any intermediary (usually banks), and to operate without any government's intervention, thus decentralization.

Personally though, I was affected by this event, was laid out after September 2008 and was out of job for about a month. I was caught by surprised because there's some assurance that we wouldn't be affected, but damn we are totally wrong.

How about you guys, you directly affected by it? Do you think that if Lehman was saved by US government, Satoshi wouldn't push to create bitcoin? Or it is inevitable? The man himself will release it with or without the financial meltdown in 2008?