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.
