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Author Topic: Blockchain survive, cryptos die  (Read 318 times)
freightjoe (OP)
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December 03, 2018, 01:44:42 PM
 #1

Blockchain is a good technology which will find many uses.

Cryptocurrencies are just products made using the blockchain technology - products that is failing to get any kind of meaningful traction after the bubble burst

Cryptos need blockchain (they are build from the blockchain)

Blockchain does not need crypto at all. More and more companies are developing and using blockchain solutions which do NOT involve any cryptocurrencies at all.


Fools who believe the blockchain means that cryptos will also succeed are mistaken. They often point to the internet development, but completely misunderstand it. The internet was a good technology with many applications - but many of the products put on the internet during the dot-com bubble also completely collapsed because there was no meaningful business behind it. The strong ones - like for example Amazon - had solid business ideas based on normal people's needs and behaviours.

Cryptos clearly do not match needs and behaviours, and will therefore fail just like the more idiotic things that were put on the internet in the 90's.

The internet of course survived and so will blockchain.

Cryptos will die like many early failed ideas on the internet.
bitfocus
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December 03, 2018, 01:55:37 PM
 #2

Blockchain does not need crypto - the statement is true, but the future economy needs crypto and obviously, without scams and fake ICos.
freightjoe (OP)
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December 03, 2018, 01:59:16 PM
 #3

Blockchain does not need crypto - the statement is true, but the future economy needs crypto and obviously, without scams and fake ICos.

No. the future world needs blockchain - and they are already emerging without the use of cryptos. There is no need for crypto.
freightjoe (OP)
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December 03, 2018, 02:10:30 PM
 #4

Blockchain does not need crypto - the statement is true, but the future economy needs crypto and obviously, without scams and fake ICos.
Bullshit, blockchain without crypto is already proving to fall on it's face, crypto is an integral part of it and people denying it because theoretically it doesn't but in reality it does.

You are making up lies.

The solutions are indeed very real:

https://www.freightwaves.com/news/blockchain/blockchain-without-cryptocurrencies

https://www.ibm.com/blogs/blockchain/2018/03/blockchain-explained-why-its-not-just-about-bitcoin/

http://www.cma-cgm.com/news/2301/top-ocean-carriers-and-terminal-operators-initiate-blockchain-consortium

https://www.bita.studio/

DavidTep1987
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December 03, 2018, 02:13:36 PM
 #5

I don't agree that future economy needs cryptos. Why would it need cryptos? Cryptos are the newest way how the money circulates in the current economy and the market, but they are only the mean that is used. Money will always be there, whether it's a dollar, gold or BTC or something new in the future. We do not need cryptos to keep it circulating. Blockchain on the other hand shows us a new brighter future how information is transferred and it is already being used in other industries. Blockchain will be used as a tool even if coins die.
Jennifer.mathew731
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December 03, 2018, 02:18:11 PM
 #6

Comparing crypto and Blockchain is like comparing apples with oranges

Bitcoin is the digital token, and blockchain is the ledger that keeps track of who owns the digital tokens.
Blockchain has a better future than cryptos because crypto is a part of Blockchain
The difference is the same which is there between bank databases, money and dollar.
 
consider.

Bitcoin is Dollar
Cryptocurrency is Money
Blockchain as Bank Database

You buy and sell using dollars. What it actually is to you is money. Each of your transaction is stored in a bank database.
Many Industries have already started using Blockchain to keep a track of all thier records. while many countries are still not sure about crypto currency hence manybe crypto will die and Blockchain will survive.
FedorIzmailov
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December 03, 2018, 02:19:55 PM
 #7

to our common joy, the blockchain has already found an application to itself in the world economy, but unfortunately the cryptocurrency still cannot do it
freightjoe (OP)
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December 03, 2018, 02:22:47 PM
 #8

Blockchain does not need crypto - the statement is true, but the future economy needs crypto and obviously, without scams and fake ICos.
Bullshit, blockchain without crypto is already proving to fall on it's face, crypto is an integral part of it and people denying it because theoretically it doesn't but in reality it does.

You are making up lies.

The solutions are indeed very real:

https://www.freightwaves.com/news/blockchain/blockchain-without-cryptocurrencies

https://www.ibm.com/blogs/blockchain/2018/03/blockchain-explained-why-its-not-just-about-bitcoin/

http://www.cma-cgm.com/news/2301/top-ocean-carriers-and-terminal-operators-initiate-blockchain-consortium

https://www.bita.studio/


I'm pretty sure the first link is your own article, is that what this is all about constant spamming to link your site and try and make some cash off the AdSense revenue?

Wow - you really have no sense of reality do you? I have posted a lot of posts in here. An suddenly there is a link you don't like and think I get Adsense money from it??? wow, yes I will make millions from the few clicks from crypto-cooks in here - can you feel the sarcasm dripping off the walls?
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December 03, 2018, 02:31:57 PM
 #9

Blockchain without cryptos would be never be something interesting for people, we all first see this as money then as a technology. And true, is an amazing technology, but again without the money would be like have all the world interested in MySQL... People who doesn't work with databases gives zero fucks about SQL, but guess what, all the people around the world uses money. That's what makes from blockchain and cryptos a thing.

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rudox
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December 03, 2018, 02:32:41 PM
 #10

Blockchain and internet comparison drawn by the poster is true but saying that crypto has no meaningful business concept behind it is not completely correct. I agree that blockchain has multiple uses which corporate bodies will continue to latch on it to improve their operations according to their needs. There are still cryptocurrencies that will still survive like bitcoin which has just celebrated 10 years.
freightjoe (OP)
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December 03, 2018, 02:35:08 PM
 #11

Blockchain without cryptos would be never be something interesting for people, we all first see this as money then as a technology. And true, is an amazing technology, but again without the money would be like have all the world interested in MySQL... People who doesn't work with databases gives zero fucks about SQL, but guess what, all the people around the world uses money. That's what makes from blockchain and cryptos a thing.

The money is with the companies of the world. These companies is facing increasing regulation from governments and will therefore not switch to crypto - instead they develop industry-wide blockchain solutions without crypto. This way the get the value of blockchain solutions without the hassle of crypto
antisocial77
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December 03, 2018, 02:36:48 PM
 #12

you cant seperate them,blockchain is nothing without crypto, crypto is nothing without blockchain.and why do we need a selection like this?we must use everything which makes our life easier.

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December 03, 2018, 02:37:18 PM
 #13

While it's certainly true that Blockchain technology has applications that go beyond Bitcoin and decentralization has more benefits than the effects it can have in an economic environment. Simply because a technology has broader application does not mean that it's primary application will become obsolete. Bitcoin will survive, unless all of us suddenly cease usage, mining and investment. Blockchain will find other uses, but I haven't seen any implementation of Blockchain technology that is more significant than Bitcoin. Plus, it's not like Blockchain being used elsewhere means that Bitcoin can't use it; there's not a finite amount of Blockchain, certainly enough to go around.

Most cryptos will die, but not because Blockchain has other applications or use-cases; if anything further adoption of Blockchain technology will drive interest towards the cryptocurrency market.

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larrylegend33
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December 03, 2018, 02:40:01 PM
 #14

Blockchain without cryptocurrency or cryptos without blockchain.. Just like hamburger without bread Smiley It is impossible.. How could you use the blockchain system without a coin? If we make your system what would people take in it? If you don't offer anything like coin why would people join you? I believe that would be something nonsense..
freightjoe (OP)
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December 03, 2018, 02:45:21 PM
 #15

Blockchain without cryptocurrency or cryptos without blockchain.. Just like hamburger without bread Smiley It is impossible.. How could you use the blockchain system without a coin? If we make your system what would people take in it? If you don't offer anything like coin why would people join you? I believe that would be something nonsense..

Because you would be paying for goods and services with fiat just like today - but the way the companies work will be much more efficient because of blockchain technology. The cost of running the systems are initially paid for by the companies. Eventually it is of course the consumer who pays, but because of the savings blockchain brings this means that the consumer in total will also see savings. Same as with the internet. The companies spend millions on their webshops, and consumers do not pay to be allowed to use the webshops, that is just part of the product price.
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December 03, 2018, 04:39:08 PM
 #16

you cant seperate them,blockchain is nothing without crypto, crypto is nothing without blockchain.and why do we need a selection like this?we must use everything which makes our life easier.
We cannot remove cryptocurrency from blockchain and both of them are always joined together. One of them can't stand alone so why they think that blockchain will survive cryptocurrency and I guess that cryptocurrency is the product of blockchain technologies.
freightjoe (OP)
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December 03, 2018, 04:39:56 PM
 #17

you cant seperate them,blockchain is nothing without crypto, crypto is nothing without blockchain.and why do we need a selection like this?we must use everything which makes our life easier.
We cannot remove cryptocurrency from blockchain and both of them are always joined together. One of them can't stand alone so why they think that blockchain will survive cryptocurrency and I guess that cryptocurrency is the product of blockchain technologies.

You clearly do not understand what you are talking about
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December 03, 2018, 05:15:03 PM
 #18

I still thank you for shooting yourself from a point of amazon which has a product to back it and more like cryptocurrency as many are now on product base like ETH , BNB, NIPXS, and many others that are now base on product driving not just a mere currency even the btc is the main pair which is use to trade and use as a form of cash which can be use to settle any bill so far the party are OK in agreement.

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December 03, 2018, 11:37:04 PM
 #19

Blockchain is a technology for using to maintain the record crypto transactions. With blockchain many people can write entries into a record of informations and updated the same. But the cryptocurrencies is a product that is made for using the blockchain technology not more. On other hand blockchain is acceptable all over the world and the crypto is just waiting for approval of world community. But it does not means that crypto is  dying.
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December 03, 2018, 11:49:31 PM
 #20

Both are of the same thing, they are new technologies and trend that people need to understand. Blockchain is a new technology for corporate and business world while crypto are new term for financial system that people want to get out of the traditional banking and financial systems. Cryptos were now exploited by fraudster and scam artist and both of them will survive but for a selected few which have a good advocates, good vision, well regulated and secured. The rest with less productivity will dissolve.
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