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Author Topic: blockchain and bottom line  (Read 96 times)
sv624
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October 20, 2017, 06:11:43 PM
 #1

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
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AtheistAKASaneBrain
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October 20, 2017, 06:17:55 PM
 #2

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.
cointabo
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October 20, 2017, 06:36:31 PM
 #3

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.

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MarioLuck990
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October 21, 2017, 08:45:48 PM
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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. 

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