LOOKING BEYOND FINANCE

[Miaallen]

Many cryptocurrency and blockchain expert believe that crypto industry must look beyond finance. VITALIK BUTERIN on BTC manager dot com is reported not left behind among those that suggest so. This is a great suggestion which many have tried to employ and work towards in the past.

We have seen series of non-finance crypto base blockchain projects but most just happened not to see the light of the day beyond their first wave of price fall. Most didn't even make their softcap making it impossible for them to develop.

We have seen digipharm and stem cell innovation which claimed to be digitizing Healthcare, CYFM and its twin project were for music and radio but currently not doing well as nobody beside its CEO will pay a dime for the tokens. GMB is a space DAPP, Traveler was to digitize traveling and give the best of traveling experiences using blockchain technology. There are lots more we cannot be mentioning.

The projects with high percentage of success are in finance, mostly exchanges.

Now, when will we experience accepted diversion of cryptocurrency industry to other aspects of life aside finance industry?

[batang_bitcoin]

VITALIK BUTERIN is not left behind among those that suggest so. This is a great suggestion which many have tried to employ and work towards in the past.

I have watched a documentary that he's being hired as a consultant by the Russian government itself in the sector of Finance. And it's real that they're serious with both technologies, blockchain and cryptocurrencies.

The projects with high percentage of success are in finance, mostly exchanges.

Now, when will we experience accepted diversion of cryptocurrency industry to other aspects of life aside finance industry?

We have no timeframe with that and we shouldn't think about it. The right time will come and other industries will also adopt the technology. Let it happen because if we will wait and assume it, we might feel bored waiting for it to come.

[Teraboy]

VITALIK BUTERIN is not left behind among those that suggest so. This is a great suggestion which many have tried to employ and work towards in the past.

I have watched a documentary that he's being hired as a consultant by the Russian government itself in the sector of Finance. And it's real that they're serious with both technologies, blockchain and cryptocurrencies.

Can you tell me where i can get that documentary? is that a real thing? It looks like vitalik has already started to make crypto to get mass adoption. Ubisoft has already started to work with crypto too.

vitalik will get a lot of advantages from there.

[giammangiato]

Many cryptocurrency and blockchain expert believe that crypto industry must look beyond finance. VITALIK BUTERIN on BTC manager dot com is reported not left behind among those that suggest so. This is a great suggestion which many have tried to employ and work towards in the past.

##CUT##

we need a killer app to do what you say
I'll explain how I think, when the internet was young nobody imagined amazon or google

if you told someone about your dream of an online store, people would have taken you crazy
it was not yet the time for these projects
we have to wait for cryptocurrencies to mature

[batang_bitcoin]

VITALIK BUTERIN is not left behind among those that suggest so. This is a great suggestion which many have tried to employ and work towards in the past.

I have watched a documentary that he's being hired as a consultant by the Russian government itself in the sector of Finance. And it's real that they're serious with both technologies, blockchain and cryptocurrencies.

Can you tell me where i can get that documentary? is that a real thing? It looks like vitalik has already started to make crypto to get mass adoption. Ubisoft has already started to work with crypto too.

vitalik will get a lot of advantages from there.

Yes, that's a real thing. Vitalik is a half-Canadian and half Russian so it's easy for him to communicate with the Russian community and the government. I've just stumbled on that video on Youtube and that's about him entirely. It's a video from the channel of Vice News.
The title of the video: "Inside The Cryptocurrency Revolution | VICE on HBO"

[Ucy]

And unfortunately the centralized exchanges captured alot of the transactions, which is bad for decentralization. Hope we don't see thesame thing happening in the non-finance cryptos.

Well, I think if you build a proper decentralized system, you could do alot of things with it. You could basically create a whole independent and very safe Nation on the internet with eell decentralized system. You'll need to build and develop decentralized institutions, governance/regulatory systems, companies, industries etc.
  It has to be the unique model it was meant to be.

[niisarearning]

The most logical question i seen in recent days even after analyzing lots of days most of the working blockchain projects nothing looks promising most of them lost 99.+ % of its value . APrt from exchange tokens are coins . So i started investing on these exchange coins instead of other coin s. Even most of the Blockcahin technologies failed to prove most anticipated ADA, EOS , TRX everything is struggling . But binance came out as a winner even in this hard time because its exchange token.

[pawanjain]

The most logical question i seen in recent days even after analyzing lots of days most of the working blockchain projects nothing looks promising most of them lost 99.+ % of its value . APrt from exchange tokens are coins . So i started investing on these exchange coins instead of other coin s. Even most of the Blockcahin technologies failed to prove most anticipated ADA, EOS , TRX everything is struggling . But binance came out as a winner even in this hard time because its exchange token.

Yes, because Binance has quite a large userbase when it comes to exchanges. Also, Binance didn't have it's exchange token before it went mainstream.
So it already had the support from the users which is a sole reason why it became a huge success.

Also, in my perspective, ethereum has become a huge success too since it is the most supported coin after bitcoin.
I see ethereum as a good opportunity right now since I believe that it is going to become a huge success in the long run.
With it's developments and good support from the community, I think there is no stopping to it going beyond $1000.

[justdimin]

I have always said the same thing, bitcoin and blockchain is just much more than what people think it can be. There are 90% of the people in the market who buy bitcoin only because they want to have more fiat, and I have to accept that I do use it that way as well, however in reality bitcoin was created not so you can earn more fiat but created because it is an alternative to current momentary system.

If you use it for gaining more fiat that is fine, you can do that and hopefully you will earn while the big companies who get into bitcoin loses, however that doesn't change the fact that bitcoin is something you can't use for just as a currency neither, there are tons of places who accepts bitcoin now, so I would say start using it like a currency instead of just an investment.

[jrrsparkles]

Simply the word itself says, Cryptocurrency so how can we say that look beyond finance?

Currencies are for financial conditions, if they want to plan to research on other field then they have to look for the private investors and big companies not the individuals who have few thousand dollars as savings.

[nicecrypto]

Until when people are ready to actually accept other aspects of blockchain other than finance only, if people will give other ideas a chance then the concentration won't be on finance alone, there are many niche that needs to be tokenize but no genuine interest from people and such project will end up dead, yet we talk about adoption when we are not given other ideas the chance to flourish.

[jtylee]

CYFM and its twin project were for music and radio but currently not doing well as nobody beside its CEO will pay a dime for the tokens.

Swung by to read this... I'm the CEO.

You have NO idea what the business is outside of "Finance" do you?  Silly.  Thanks for the shoutout though.

Do me a favor and find another Company that has done what CyberFM has done and is still doing?  Post the names of those projects here... I wanna see

[Kemarit]

Obviously, as crypto becoming money base machine with exchanges around, Defi, ICO/IEO and other hype crowd funding and blockchain, it's just a matter of time before someone see the advantage of crypto and be looking at more at the financial side or even further.

So crypto is evolving by itself, so no doubt that we can really grow, not just grow but exponentially in the next five years as there are a lot of visionaries entering the picture and really wanted to take advantage of every opportunity crypto gives.

[michellee]

Give cryptocurrency time to grow and reach more people to use it, and you will the cryptocurrency will be accepted in the other industry. Cryptocurrency itself still needs more time to expand to the other industry, but it will have a chance to be popular in the future. So while the cryptocurrency needs time, we can prepare ourselves to have more and more amount of any coin which can grow with the crypto world. And bitcoin will be on that way to grow and reach more people.

[leea-1334]

Give cryptocurrency time to grow and reach more people to use it, and you will the cryptocurrency will be accepted in the other industry. Cryptocurrency itself still needs more time to expand to the other industry, but it will have a chance to be popular in the future. So while the cryptocurrency needs time, we can prepare ourselves to have more and more amount of any coin which can grow with the crypto world. And bitcoin will be on that way to grow and reach more people.

Time and patience is what the industry generally lacks I would say, and the other problem is people refuse to use it. They just want to invest, sell, hold, list. Very few people actually think, hmm,,, let me also use it. And promote the usage, not the trading. And then they ask why it has no demand:)

[Vaculin]

The right time will come, as the market is growing, it will be able to form a great ecosystem where projects with different use case will exist here.
More projects will be created the better as it will create better competition and users like us would benefit from that.

Don't rush mate, remember where we started, bitcoin was just almost worthless when crypto was created, but look where we are now.
Time will come the massive adoption that we are hoping will happen, but there's no overnight success here.

[michellee]

Give cryptocurrency time to grow and reach more people to use it, and you will the cryptocurrency will be accepted in the other industry. Cryptocurrency itself still needs more time to expand to the other industry, but it will have a chance to be popular in the future. So while the cryptocurrency needs time, we can prepare ourselves to have more and more amount of any coin which can grow with the crypto world. And bitcoin will be on that way to grow and reach more people.

Time and patience is what the industry generally lacks I would say, and the other problem is people refuse to use it. They just want to invest, sell, hold, list. Very few people actually think, hmm,,, let me also use it. And promote the usage, not the trading. And then they ask why it has no demand:)

We can wish that many people can open their minds about the new technology that already exists to them, so they don't refuse it but accept it. No matter what, the technology will always grow, and if that person doesn't want to know or refuse, they will not have a chance to have followed the world. It's also about awareness of every people who want to know about the newest technology.

[Mrchristo]

The truth is that cryptocurrency industry is yet accepted into the public sector. The space is still functioning as a loner. Most of the other sectors are struggling to function because the only people that are willing to use those services are cryptocurrency enthusiast and we are in the minority.

The issue of volatility has always been a set back to gaining the public trust. In my opinion, for other sectors to flourish, we need to have the public on our side.
I know a handful of exchange that had to seize operations due to the volatility issues and this would likely be worse for sectors outside finance.

We can only wish and hope for the best. The cryptocurrency industry is on her infancy and so much more can be accomplished with time.

[mersal]

Blockchain technology will be used on most of the sectors in the current decade because now only we are having courses related to blockchain and also many people learning the technology in recent days. Financial sector needs more transparency and Satoshi applied the technology successful in bitcoin which is the reason why blockchain technology gets recognised by people.