TokenHodlr (OP)
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October 22, 2019, 10:54:45 PM |
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Every few generations or so a technology and or technological events, have the effect of taking the power, wealth and influence concentrated in the hands of the very few, and scattering it about for a moment. We live in such a time now.
In these times a handful of those paying attention will recognize the opportunity, setting themselves and all they care for to be the movers, shapers and rainmakers for next generations, yet to come…
The rest will do what they have always done, sleepwalk through it.
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shinratensei_
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October 22, 2019, 11:17:27 PM |
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Every few generations or so a technology and or technological events, have the effect of taking the power, wealth and influence concentrated in the hands of the very few, and scattering it about for a moment. We live in such a time now. in that case, the regulator will act as a party that will be monitored the development of the technology itself. In these times a handful of those paying attention will recognize the opportunity, setting themselves and all they care for to be the movers, shapers and rainmakers for next generations, yet to come…
The rest will do what they have always done, sleepwalk through it.
Those are aware of the opportunity must be very experienced. As far as i know not all of the people are having the knowledge related to the development of the technology, Only the people are knowledgeable about that can take the opportunity. Ordinary people will never think about that because he has no idea about that. The next generation just needs to create a new improvement based on the framework that has already made before. Who have skilled in the creation of technology is the only party who can take the opportunity.
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Wintersoldier
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October 23, 2019, 08:20:18 AM |
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Our society has finally realised that the traditional money system is controlled only by government, has insane commission fees and is very likely to be manipulated, thats why there is a growing interest in crypto currencies and hopefully mass adoption in the future.
In my opinion, as for the moment the world is seeing stable coins as a potential beta for the transition of fiats to cryptocurrency. But still, government will make a massive decision regarding this, as it seems impossible at this moment to transition the products market price, bar codes and other pricing aspects so it needs to take time at a time to be implemented. In addition taxation of all prosucts and services needs to be studied first.
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NathanJB
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October 23, 2019, 08:47:21 AM |
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Our society has finally realised that the traditional money system is controlled only by government, has insane commission fees and is very likely to be manipulated, thats why there is a growing interest in crypto currencies and hopefully mass adoption in the future.
In my opinion, as for the moment the world is seeing stable coins as a potential beta for the transition of fiats to cryptocurrency. But still, government will make a massive decision regarding this, as it seems impossible at this moment to transition the products market price, bar codes and other pricing aspects so it needs to take time at a time to be implemented. In addition taxation of all prosucts and services needs to be studied first. I am seeing more of the possibility of physical fiat transforming into digital fiat as compared to physical fiat becoming a stable cryptocurrency. If the government wants to preserve fiat, its value, and its prevailing rules, why do they have to shift to cryptocurrency? It is not needed anymore. They better shift to digital fiat. In that case, they are still fiat and I will still prefer crypto over them.
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TokenHodlr (OP)
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October 24, 2019, 03:21:53 PM |
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This is a paradigm shift, viewing it from an historical or contemporary perspective is of marginal value at best. This is in the main, why all but a handful will sleepwalk through it, again.
One of the driving forces is the reality that humanity has been up-loading Its collective knowledge for decades. This translates into an unprecedented Cambrian level explosion in technological breakthroughs, going on as we post.
This is a product of generations of specialists, so much so you need a specialist to help determine which specialist you need to consult. What is at a premium now are the generalists that can tease out the patterns and pull together, what are in effect, off the shelf technologies, subsystems and components to deliver novel solutions to the markets.
The challenge is back at the beginning of the cycle, visioneering not engineering.
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Drai
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November 05, 2019, 03:00:10 PM |
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Actually today's top dogs don't have a lot to lose because they still basically control the policy, check for example what is happening in China now, while they decided that getting involved in Cryptocurrencies is in their best interest, you don't see them encouraging their citizens to buy Bitcoin, they are developing their own Cryptocurrency instead and they would ensure that when worldwide crypto adoption happens, their currency would be the one mainly used by their citizens, even if they were to decide to support an existing cryptocurrency like Bitcoin, they have the resources to purchase almost all the bitcoin in the market right now and control the majority supply, let's not delude ourselves, Cryptocurrencies gives us more power but it doesn't render the present top dogs entirely powerless.
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cichaescut
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November 05, 2019, 08:11:10 PM |
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In my opinion it is the future of payments, because such structure has clear advantages in front of three parties. The whole commission fees for middleman are falling away, which makes money transfers much cheaper.
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xiboothrezi
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November 05, 2019, 10:48:23 PM |
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The revolution is currently starting to take place even though it has not been fully used globally, but for certain groups, cryptocurrency enthusiasts, this has become one of the most profitable alternatives. Although we know that the use of cryptocurrency for instant and micropayments is less effective, especially those using BTC (because in my opinion, it is more suitable for investment and commodity trading and macro payments). One day there will definitely be new innovations that maximize their function as a means of payment for the daily life of cryptocurrency, this is also influenced by the thinking of the general public and of course the support of facilities.
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tabas
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November 05, 2019, 10:55:42 PM |
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Peer to peer will never disappear whether it's with the traditional transaction or with crypto transactions. It just keeps on upgrading and there might be something new in the future but we have no glance about that. If money revolution succeeds which I assume you mean is crypto, it's already successful IMO. Base on the market that it holds right now despite on how too young it was, transactions are vast.
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Perfect35
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November 05, 2019, 11:15:10 PM |
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The same currency that us backed by government, which seems to have value, can also be devalued, if the country is bit producing as it ought. The same is applicable to the coins in crypto, which are backed by certain products. It would have been good if government can have reasons to support SOE genuine crypt I currencies.
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zhengqi
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November 05, 2019, 11:19:49 PM |
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I'm not sure that there will be a big revolution, but the fact that crypto will occupy a very important place in people's lives, that's for sure. Already now it is rapidly being introduced into our everyday life, it will only get better in the future.
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TokenHodlr (OP)
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November 07, 2019, 08:32:31 PM |
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Actually today's top dogs don't have a lot to lose because they still basically control the policy, check for example what is happening in China now, while they decided that getting involved in Cryptocurrencies is in their best interest, you don't see them encouraging their citizens to buy Bitcoin, they are developing their own Cryptocurrency instead and they would ensure that when worldwide crypto adoption happens, their currency would be the one mainly used by their citizens, even if they were to decide to support an existing cryptocurrency like Bitcoin, they have the resources to purchase almost all the bitcoin in the market right now and control the majority supply, let's not delude ourselves, Cryptocurrencies gives us more power but it doesn't render the present top dogs entirely powerless.
The revolution is here it’s just not distributed yet.
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mrdeposit
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November 07, 2019, 09:30:59 PM |
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I'm not sure that there will be a big revolution, but the fact that crypto will occupy a very important place in people's lives, that's for sure. Already now it is rapidly being introduced into our everyday life, it will only get better in the future.
The crypto threat is the fear of the big bankers and the old proverb confirms the resistance towards the crypto revolution: You can't teach new tricks to the old dog ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The bigger this sphere goes mainstream, the more pressure gets stronger by the "big dogs". The reality we faced today is not changeable in the short term, the longer it gets weakens, the pipeline's holes will leak bigger and fearful liquid..
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Aabcde
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November 07, 2019, 11:45:10 PM |
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I'm sure crypto will continue to grow rapidly until later. The world has begun to be literate about blockchain technology. Maybe this makes the top dog a little scared. Although China has started its own crypto which is certainly cetralized, but this will open the eyes of ordinary people as much as possible there in the world of crypto and blockchain. Which of course this is very good for future market development. Not to mention that Turkey will digitize their lira with blockchain. All eyes are now on the crypto world.
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Pearls Before Swine
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November 08, 2019, 12:08:29 AM |
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You pretty much answered your own question. People are finally waking up to central banking policies and the stunts the banking cartels pull.
But that isn't why bitcoin was created. It was ostensibly the work of one man (tho I doubt that's true) and kind of came out of nowhere. And sure, a lot of people have gotten interested in it, but that doesn't mean the world *needs* it, and I'm not sure it was even created in response to anything unless it was the fear that the banking system would collapse shortly after 2008. That's the only answer I can think of to op's question. What I'm saying is that it wasn't like millions of people were carrying picket signs and demanding that we get a new, bankless form of money that isn't controlled by the gov't. It just turned out that we did.
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adzino
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November 08, 2019, 08:31:09 PM |
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I'm sure crypto will continue to grow rapidly until later. The world has begun to be literate about blockchain technology. Maybe this makes the top dog a little scared. Although China has started its own crypto which is certainly cetralized, but this will open the eyes of ordinary people as much as possible there in the world of crypto and blockchain. Which of course this is very good for future market development. Not to mention that Turkey will digitize their lira with blockchain. All eyes are now on the crypto world.
Those "top dogs" you are talking about are also really concerned about peoples security. Now, don't deny that there are right now lot of flaws when we will be trying to use it as a tradition crypto currency instead of fiat currency. More improvements are needed to bring a perfect crypto currency that is ready to be used as a legal tender. A currency that can be used by anyone without any problems and at ease.
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huu78
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November 09, 2019, 04:08:02 AM |
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Bitcoin uses peer to peer transactions and several other altcoins. The government promised such a thing that China's country instead ordered the government to adopt the blockchain and made its own national digital currency. If in fact it just adopts blockchain means not why to introduce to their country that the blockchain could be used. The revolution you are referring to like this. As well as Chinese governance.
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laskybok
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November 09, 2019, 09:02:25 PM |
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As in any revolution, today’s top dogs have the most to lose.
I do not know if I understood you well. Perhaps you mean those who siphon fund. Cryptocurrency is finding hard time to strive, because of the decentralized ones, even central coins might not be regarded, because they might think that they cannot be in control of it.
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bigcash2011
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November 09, 2019, 09:44:29 PM |
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Crypto is definitely the future, everyone agrees that we will have a paper/fiat less future where we will be using digital payments globally so we should be happy to say that this dream can only become a reality through cryptocurrencies, i personally expect crypto mass adoption in next 5 years.
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laskybok
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November 09, 2019, 10:27:29 PM |
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As in any revolution, today’s top dogs have the most to lose.
I do not know if I understood you well. Perhaps you mean those who siphon fund. Cryptocurrency is finding hard time to strive, because of the decentralized ones, even central coins might not be regarded, because they might think that they cannot be in control of it.
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