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Author Topic: MS missed web, Google missed social, FB missed mobile. Who will miss Bitcoin ?  (Read 3408 times)
randy8777
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July 30, 2015, 10:11:10 AM
 #21

Many banks will miss bitcoin.

for a good reason. it's everything they don't like, especially the no control over the value is their biggest problem. they will create their own bitcoin like currency at some point.
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Natalia_AnatolioPAMM
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July 30, 2015, 10:33:23 AM
 #22

Look, this is pretty easy.

MS missed web > Google emerged
Google missed social > Facebook emerged
FB missed mobile > Whatsapp and Snapchat emerged
Mobile (Whatsapp/Snapchat) will miss Bitcoin > Apps such as Getgems will emerge


That's reasonable. good point
BillyBobZorton
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July 30, 2015, 04:21:18 PM
 #23


This isn't proper adoption. Also, eBay may be one of the biggest idiots in the building missing Bitcoin right now. Imagine buying ANYTHING you want in paypal with BTC, without intermediary bullshit. Both as a buyer and merchant it would be a success. I guess those guys cant be helped and are destined to miss the boat.
olloman
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July 30, 2015, 04:45:14 PM
 #24

no one will miss Bitcoin as a currency and financial medium, because Bitcoin does not need anyone else, it works already on its own and it is designed to do so.

The question is who will miss bitcoin/blockchain as a technology, and at the moment it seems like everyone is missing it. It is like web 2.0, you can build every kind of application on top of it. Communication industry is not considering it, the legal sector (smart contracts, etc) only started to consider bitcoin as a currency and it is far behind in considering it as technology, the financial sector is totally not getting it (they are speculating on it and incorporating bitcoin as if it were another stock to trade instead of just using it as a resource), the IT sector just started researching about it, and so on.
The blockchain could be the next paradigm in pretty much every sector, and every current big player in every field is ignoring it, thus missing it. From the new paradigm a new group of big companies will emerge and they will either bury the old ones, or they will relegate them as marginal competitors (like the ones who missed the revolutions mentioned by you and who now are just struggling to copy innovations made by others just to barely stay afloat)
arbitrage001
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July 30, 2015, 05:47:13 PM
 #25

did warren buffet invested in google or facebook?

He's always maintained he'd never invest in anything he didn't understand so that's a no. All of the tech stuff has passed him by.

Which kind of tell what kind of investor he really is. He only buy value company during distress time and not a visionary who invest into the future.
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July 30, 2015, 06:37:46 PM
 #26


Which kind of tell what kind of investor he really is. He only buy value company during distress time and not a visionary who invest into the future.

I think he'd be the first to admit that. It paid off pretty good too. Plenty of visionaries were left by the wayside. His remit has always been to keep plodding and accumulating.
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