A great way to understand the significance of the blockchain and cryptocurrencies is to know about the industries that these will disrupt.
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The banking elite will fight to the bitter end to keep blockchain technology from disrupting their monopoly on currency creation & flow. I hope the blockchain creators & proponents are ready for a fight, because it’s coming. And I’m rooting for blockchain ALL THE WAY!!!
How does an individual tie into the benefits of Block Chain. I don’t have a business at this time. How can I use the potential of this new technology?
Set up a Coinbase account.
Say good bye to your right to privacy. Say hello to the “hive” …
Yup. Energy usage monitored. Purchasing habits monitored. Pizza? You’re overweight. Purchased denied. Lost your card? Say hello to biometrics. Doesn’t every computer program have a “back door” for the programmer or whomever pays the programmer? All this makes me want to go live in the mountains somewhere…and I’m a girly-girl.
Exactly what I thought.
You’re conflating topics. The blockchain enables circumvention of centralized oppression.
I’ll do a show soon on how the electricity bills of Bitcoin miners are so high that they will likely finance the development of alternative energy technologies that have been sidelined by the hydrocarbon cartels.
Really? Hurray!
Interesting–on the surface blockchain technology appears to be a panacea of potential.
Totally, it looks to be pretty democratic, non centralised 🙂