ShadowBits
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November 13, 2018, 02:30:25 PM |
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The economist George Gilder believes the four biggest corporations (Amazon, Apple, Microsoft, Google) will be replaced by "cryptocosmic" companies. https://dailyhodl.com/2018/10/21/leading-economist-says-current-financial-system-is-ending-introduces-bitcoin-ethereum-and-vitalik-buterin-to-the-mainstream/"Tell, ten years ago the biggest corporations in the world by market cap were Exxon, Walmart, the Petroleum Bank, China Petroleum and the Industrial and Commercial Bank of China. Ten years later, the top four companies in the world are Apple, Amazon, Google and Microsoft by market cap. I mean, who would have predicted that? And I believe that in the next ten years, there will be a similar turnover, and there will be cryptocosmic companies who will dominate the list of the top market caps in the world.” Who do you think they will be, and which industries will they dominate? I think there should be none by now because I think crypto isn't still not popular to all people in the world, but when things gets done with crypto everything about crypto will run the world.
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FunGate (OP)
Jr. Member
Offline
Activity: 105
Merit: 4
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November 13, 2018, 05:18:10 PM |
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One of the companies that might challenge some of these companies for the top spots, could be Coinbase. They have huge support in the US and they are far ahead of it's competitors at the moment. If they do not change their business model like Circle did, then they might take one of the top spots, when this goes mainstream. OpenBazaar could also take one of the top spots, if they can make their service a bit more user-friendly and if they can target the users that got burnt by all of these centralized ecommerce sites. IT companies and Crypto currency companies are very similar operations, so the fight for the top spots will be fun to watch. I think decentralized marketplaces hold a lot of value, and I would definitely use them (both to buy and sell) once they become more user-friendly and secure.. Even Amazon still censors and restricts products and they do hike up costs.. The average joe could save a lot of money and literally any product could become accessible and available at the best possible price. Open Bazaar is good. Virternity might be worth paying attention to as well. (Supposed to come out in the next couple of months.)
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cetald
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November 13, 2018, 06:40:14 PM |
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The economist George Gilder believes the four biggest corporations (Amazon, Apple, Microsoft, Google) will be replaced by "cryptocosmic" companies. https://dailyhodl.com/2018/10/21/leading-economist-says-current-financial-system-is-ending-introduces-bitcoin-ethereum-and-vitalik-buterin-to-the-mainstream/"Tell, ten years ago the biggest corporations in the world by market cap were Exxon, Walmart, the Petroleum Bank, China Petroleum and the Industrial and Commercial Bank of China. Ten years later, the top four companies in the world are Apple, Amazon, Google and Microsoft by market cap. I mean, who would have predicted that? And I believe that in the next ten years, there will be a similar turnover, and there will be cryptocosmic companies who will dominate the list of the top market caps in the world.” Who do you think they will be, and which industries will they dominate? It's all about the business model, not crypto, as such. If new crypto startups offer more effective solutions than existing giants, but they will have every chance of success. But I would not hurry with conclusions. Do not forget that the companies mentioned are technological and always keep abreast of new technologies.
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Hamphser
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November 13, 2018, 06:54:58 PM |
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The economist George Gilder believes the four biggest corporations (Amazon, Apple, Microsoft, Google) will be replaced by "cryptocosmic" companies. https://dailyhodl.com/2018/10/21/leading-economist-says-current-financial-system-is-ending-introduces-bitcoin-ethereum-and-vitalik-buterin-to-the-mainstream/"Tell, ten years ago the biggest corporations in the world by market cap were Exxon, Walmart, the Petroleum Bank, China Petroleum and the Industrial and Commercial Bank of China. Ten years later, the top four companies in the world are Apple, Amazon, Google and Microsoft by market cap. I mean, who would have predicted that? And I believe that in the next ten years, there will be a similar turnover, and there will be cryptocosmic companies who will dominate the list of the top market caps in the world.” Who do you think they will be, and which industries will they dominate? It's all about the business model, not crypto, as such. If new crypto startups offer more effective solutions than existing giants, but they will have every chance of success. But I would not hurry with conclusions. Do not forget that the companies mentioned are technological and always keep abreast of new technologies. True, these giants wont able to sustain their spot on the top if they arent capable on developing as the years goes by. Crypto projects do have the probability to be on the top but i dont really expect that they would easily overtake those existing ones on a short span of time but who knows if globally a certain project would be adopted on full scale then it might be possible but i dont really think up too much because it would really be hard to beat up.
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marcelocoin
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November 13, 2018, 07:41:57 PM |
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and something very difficult to predict, but with new technologies and new companies and forms of payment, yes and probably some company stands out, however difficult to know which!
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bayu7adi
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November 14, 2018, 01:39:09 AM |
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the point is along with the development of the internet, the big companies that rely on the power of the Internet, namely Google, Amazon, Facebook and in the software section there are Microsoft if we compare it to cryptocurrency, what strength can we be proud of from cryptocurrency to shift the existence of this big company? There is no Cryptocurrency's biggest target is to shift the presence of FIAT, if it is able
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