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Author Topic: Speculation or global welfare?  (Read 375 times)
Digital Mutant (OP)
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November 02, 2018, 11:31:10 AM
 #1

When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Will be only a speculative journey or do we will be able to change the way we live on this planet for better?
phoinex
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November 02, 2018, 11:44:12 AM
 #2


When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

Quote
Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Yes, I think this will be something big and in the future, this secret room will be regulated by an institution that will provide a guarantee to the users, and eventually crypto will certainly become an evolution of the world currency.

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Will be only a speculative journey or do we will be able to change the way we live on this planet for better?
Yes of course this has been predicted by the creator or digital money I think.
davis196
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November 02, 2018, 12:20:26 PM
 #3

When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Will be only a speculative journey or do we will be able to change the way we live on this planet for better?

The "institutions and big money will enter the cryptospace" only to manipulate coin prices and get huge profits.Nothing more.Do you really believe that they will invest billions into some ICO project or brand new altcoin/blockchain with the main goal of saving the planet in mind?They want profits,nothing more.

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November 02, 2018, 12:38:02 PM
 #4


The "institutions and big money will enter the cryptospace" only to manipulate coin prices and get huge profits.Nothing more.Do you really believe that they will invest billions into some ICO project or brand new altcoin/blockchain with the main goal of saving the planet in mind?They want profits,nothing more.

That is true specially to the business minded people who only cares for their assets. So the reality is that these investors or institutions will just care for themselves without a care to other people or even their consumers, some of them might just have a good face in front of the public but they will still not care to what an ordinary people thinks or say.

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November 02, 2018, 02:39:20 PM
 #5

When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

That's what they also said with the advent and the boom of the internet. Fortunately though, they were not wrong, and the big money actually made something happen on the entire web. Developments on infrastructure, alongside bringing the tech closer to people really helped a lot on our present state.

Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?

That is IMO not something we know right now. The only goal of financial institutions and the big guys is to develop the blockchain tech and integrate it into their systems. Not much for actual development but it still helps if you'd ask me.

Will be only a speculative journey or do we will be able to change the way we live on this planet for better?

In the meantime, the hype for bitcoin as a speculative asset isn't waning, so in the short-term we'll see it mainly as an investment vehicle and not an actual tool for liberating the woes of the financially oppressed people. Perhaps it will never alleviate the weight of poverty to these people, but it can still help redistribute wealth in some other ways.
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November 02, 2018, 02:58:28 PM
 #6

big money and institutions will help people on the surface but their main goal is profit, that is the corporation and the country's business side to the community. some people feel helped and expect it but actually the opposite is true
Renaldi blackspadeteam
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November 04, 2018, 12:25:14 AM
 #7

Of course, my answer is that we want to live a better life on this planet Earth, I'm glad blockchain technology is joining the world economic problem, because I think the sophisticated and powerful blockchain technology is safe from crime and the hacker
Insanerman
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November 04, 2018, 12:49:25 AM
 #8

In the meantime, the hype for bitcoin as a speculative asset isn't waning, so in the short-term we'll see it mainly as an investment vehicle and not an actual tool for liberating the woes of the financially oppressed people. Perhaps it will never alleviate the weight of poverty to these people, but it can still help redistribute wealth in some other ways.
Well, people who are financially oppressed will stay the same if they still do not realize the importance of this newlyfound technology. I have seen a lot of people who does not care about the technology especially the crypto space and the blockchain technology.

What will happen to these people if those big guys/ investors, company are now taking part in the economy alonside with blockchain technoloy. The people who are lazy to educate themselves will be the biggest loser.
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November 04, 2018, 01:39:46 AM
 #9

I think we can be able to change the way we live because the human will always search for a way to solve the problem. It's human nature to have survived even in the worst situation, and I am sure that humanity can evolve to search the better life. Every people will take a look every possibility that they can get, so they find a new way to help them in related with surviving. I am sure that it will not easy, but I am sure that we can find that way as the history proves when human get in the trouble, human will always find a way to get out from the trouble.

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November 04, 2018, 02:00:17 AM
 #10

when institutons and big money will enter in the cryptospace?

They're already in the crypto space, that's why Bitcoin and others aren't even lower in market cap.

It's just governments and banks that aren't in yet.
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November 04, 2018, 06:50:38 AM
 #11

This is a coexistence issue. This is a global welfare industry. But at the same time, it is full of speculative factors. It is necessary to know that people who make money will lose. This is unavoidable in the financial industry.

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November 04, 2018, 07:39:37 AM
 #12

When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

I mean, I don't understand how blockchain can disrupt the economic system, its just a ledger though. Although is has a lot of applications in different sector of society, I'm not sure how disruptive it can be.

Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Will be only a speculative journey or do we will be able to change the way we live on this planet for better?

Exactly, this is a speculative market so there will be no trends. As long as there are news to hype the market then obviously market will be alive and more money will come in.

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November 04, 2018, 08:31:25 AM
 #13

In my understanding, I think that speculation is part of the crypto markets eco system where people have to initiate since it may create an impact to the market. Since in most cases, people in the crypto community may invest more because of this hype and will create a demand influx that could result to a high demand causes the market price value to increase.  Hence, speculation could be a strategy that is beneficial to the people and a global welfare.
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November 04, 2018, 09:46:11 AM
 #14

I honestly think that the blockchain is quite overhyped, especially when you take into consideration that most of what the blockchain is said to solve can be solved with smart database solutions already. I'm not even exaggerating.

The blockchain is the most useful and groundbreaking when applied in decentralized form, because its immutable nature is the main killer application, not being more efficient.

The only thing I hope for is that when banks start to adopt the blockchain, they will allow their clients to enjoy better service at lower cost. I however have a feeling they'll keep that to themselves and still charge insane amounts in fees.

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November 04, 2018, 12:11:55 PM
 #15

I think that if banks and other big corporations will adopt the blockchain technology because as we all know that the payment transactions are much more faster that the current bank transactions which is more efficient. It's security features is one of the best in the current situation wherein it is hard to be hack by some hackers. Lastly, I believe that blockchain is more transparent because it has improved further its transactional security system where it could able to address and deliver high edge of transparency.

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November 04, 2018, 02:08:08 PM
 #16

Blockchain is really a great technology and complement well in our internet world. I didn't even imagine that the technology of smartphone change the way people deal with everyday life. Now, it's blockchain turn. This technolgy is growing very fast and developing nice and slow. Blockchain is for global welfare in the future.
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November 04, 2018, 04:28:20 PM
 #17

Lastly, I believe that blockchain is more transparent because it has improved further its transactional security system where it could able to address and deliver high edge of transparency.

It all depends on how a blockchain is being utilized.

Most governments and corporate bobos exploring the possibilities of a blockchain are only out to set up a private blockchain network that isn't even remotely close to what Bitcoin's blockchain looks like. There won't be more transparency for you, and I doubt that you'll get to notice anything at all.

Governments never had the incentive to speed up their work flow, because it is meant to be slow and very unreliable. Even when they can help you with whatever you are asking for in a matter of hours, they will throw in a delay of at least a couple of business days, that's how they work. Banks in a way work just like that. They will privatize perfomance gains and lower operational cost, bastards.  Undecided
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November 04, 2018, 05:27:05 PM
 #18

It certainly wouldn't be global welfare that is for sure. But, I doubt it will be just a speculative thing. Bitcoin is not something like forex in its nature, I know many people use it that way but in reality there are still places that bitcoin can help out. This is why I honestly believe that even though it won't be helping everyone out with the finance money coming it certainly it won't be just to make money neither. With all that money coming it I am sure there will be a lot of positives sides and helpful people who will set out to help the world one way or another.

I am shocked there hasn't been a charity ICO so far, that could have at least shown us how generous the general crypto population is, you buy a token when you send ETH and that token worth nothing but just shows you helped people with your donation and that ICO would take all that money and help people out. Of course we will still have to be a part of finance world in any case but that type of stuff could happen too.
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November 04, 2018, 05:44:35 PM
 #19

When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.

Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Will be only a speculative journey or do we will be able to change the way we live on this planet for better?

We all know blockchain technologies are contributing to the 4th industrial revolution
Big business is alrwady investigating the tech, money is already being put in and the
brilliant minds are working, it is already happening.

Its happening now and there is a mixture of speculation and investing happening for
both progressing individual wealth and for bettering society, as is human nature.

R


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November 05, 2018, 01:42:59 AM
 #20

Blockchain technology has a great impact to our present world which we are now on the new era in terms of technology. Maybe it has advantages to those investors who really adapt this kind of technology. Somehow it is a challenge to everyone how technology could change the lives for the future.

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