Bitcoin Forum
April 19, 2018, 04:45:16 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: blockchain and bottom line  (Read 101 times)
sv624
Jr. Member
*
Offline Offline

Activity: 43
Merit: 0


View Profile
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
1524156316
Hero Member
*
Offline Offline

Posts: 1524156316

View Profile Personal Message (Offline)

Ignore
1524156316
Reply with quote  #2

1524156316
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
AtheistAKASaneBrain
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
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
Sr. Member
****
Offline Offline

Activity: 483
Merit: 250


https://www.coinmarketresearch.org


View Profile WWW
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.
MarioLuck990
Full Member
***
Offline Offline

Activity: 171
Merit: 100


View Profile
October 21, 2017, 08:45:48 PM
 #4

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. 
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!