Well, mostly asking for responses to a very general question(s) I have regarding blockchain.
I don’t have any direct cryptocurrency exposure but do have some blockchain related investments. My view there is that I’m not sure about the currency related aspects of blockchain technology for the future but do think that blockchain itself has a lot of potential value and use going forward. So my thinking there is that the infrastructure type investments will have greater probability of having good returns (but unlikely to have the type of returns seen in cryptocurrencies or will be seen if best case scenarios for the currencies play out).
I’m not sure that view is a good one to hold though. Knowing that many here are a lot more expertise in this space I’m wondering if the view I hold here is naive or just wrong. Does blockchain really live or die on the payments sword?
A related question I’m also having is current state versus future. I’m largely thinking what we’re seeing is something similar to what we got in the .com bubble/bust in 2000. In that view we’re really just seeing some shakeups and a process of weeding out the weaker implementations and application but a stronger blockchain industry should be expected in the near futures (5 − 10 year frame or even shorter). Does that view seem a reasonable one or is that a really bad historical example to inform on the current world?
Note: Adding a request to the original. For those who disagree it would be most helpful if you at least noted what you are disagreeing with. Just seeing a disagree click (or multiple) provides very little allowing my updating my own reading of the comment. Thanks.
[Question] Seeking opinions on the current and forward state of cryptocurrencies.
Well, mostly asking for responses to a very general question(s) I have regarding blockchain.
I don’t have any direct cryptocurrency exposure but do have some blockchain related investments. My view there is that I’m not sure about the currency related aspects of blockchain technology for the future but do think that blockchain itself has a lot of potential value and use going forward. So my thinking there is that the infrastructure type investments will have greater probability of having good returns (but unlikely to have the type of returns seen in cryptocurrencies or will be seen if best case scenarios for the currencies play out).
I’m not sure that view is a good one to hold though. Knowing that many here are a lot more expertise in this space I’m wondering if the view I hold here is naive or just wrong. Does blockchain really live or die on the payments sword?
A related question I’m also having is current state versus future. I’m largely thinking what we’re seeing is something similar to what we got in the .com bubble/bust in 2000. In that view we’re really just seeing some shakeups and a process of weeding out the weaker implementations and application but a stronger blockchain industry should be expected in the near futures (5 − 10 year frame or even shorter). Does that view seem a reasonable one or is that a really bad historical example to inform on the current world?
Note: Adding a request to the original. For those who disagree it would be most helpful if you at least noted what you are disagreeing with. Just seeing a disagree click (or multiple) provides very little allowing my updating my own reading of the comment. Thanks.