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Wally

Wally Back then the internet was a nerd’s pursuit that was going to die in a ditch. It was oh so stupid and pointless wasn’t it? And then, bang, browsers came out which led to mass adoption and changed our way of life. Is it so impossible to actually conceive that something similar could happen with blockchain tech that leads to mass adoption?

Blockchain/crypto currencies are further up the technology stack, which is underpinned by the internet. The internet is more equivalent to the industrial revolution in terms of impact. The two aren’t really comparable.

The only comparable I see is the dot com bubble.

        mono-stereo That’s fair I guess. I still don’t think people writing it off as just digital money are giving it a fair analysis though.

        Well there we agree - there are hundreds of new coins promising all sorts of shit at the moment. The next stage is for 80% of them to die and for it to coalesce around a couple of big players to develop standardisation. I would say Etherium, being the first and major player in programmable blockchains (something bitcoin can’t do) will be one of the ones left standing after that phase.

          Wally Sound, Wal. I’ll do some research later. 33k for an Ethereum coin right now but I could defo start with something smaller if it came to it.

              mono-stereo Google Bitcoin lightning network.

              Personally there are better projects out there which can smoke Visa and Mastercard for TPS (TXs per sec), hence why they are scrambling to get in on the act.

                  LT42 Cardano is what you need to research if you have a spare few mins.

                  • LT42 replied to this.

                      I had a look at Cardano and I’ve no idea what I’m looking at Hursty, this is the problem really, lol

                        Their fundamental aim is to give economic identity to everyone and allow the same level of access to financial instruments whether you are a Sherpa in the Himalayas or a stock broker in Manhattan.

                        No more financial discrimination which is abundant in developing countries, whether by sex, age, family status etc, just economic freedom for all.

                        Big and bold but it will happen, and they are already making waves in Africa which is where we will see the next wave of innovation come from.

                        I only recently got my head around “cache”, Hursty. I think I’ll have to do some research a bit further down the ladder, maybe some youtube videos before a brisk walk.

                        The problem is as always, governments and the media which is controlled by them indirectly are shitting their pants as they are going to lose control and power so you will see the same stories printed day in and day out causing mistrust and unease which is all they need to do.

                        Why not carry on trusting those politicians and bankers, nothing bad ever happened before taking this route?!

                          mono-stereo True currently, but they don’t want to be displaced by better technology hence they are ramping up their crypto knowledge rather quickly right now.

                          Fundamentally their technology is legacy, the whole swift banking system is obsolete, governments who embrace the technology will prosper.

                          The UK is looking at a form of government backed crypto like China, the US and other countries, in fact Sweden are on course for a 2025 release. Not sure how they will continue to swindle the general population but no doubt they are beavering away trying to figure it out.

                          Essentially you have 3 major investments, fiat based, commodities and crypto assets. To invest only in one is risky which everyone understands here.

                          • LT42 replied to this.

                              LT42 I had a look at Cardano and I’ve no idea what I’m looking at Hursty, this is the problem really, lol

                              Lol, sactly!

                                Hursty To invest only in one is risky which everyone understands here.

                                • cough *

                                  Hursty Why not carry on trusting those politicians and bankers, nothing bad ever happened before taking this route?!

                                  Especially when you have this alternative!

                                    I just looked up the term crypto-muppet and pictures of Wally and Hursty came up.

                                    Scones!

                                    Lol. What can you say, each to their own!

                                    Wally just watched that. Was decent, although could have done without the last section on future of the internet