CryptoTC
Crypto Fat Cat
Seriously. I just posted in the UnikoinGold section, a token that I was fervently supporting over a year ago.
If functioning platforms like Ripple and Unikrn have associated cryptocurrencies that aren’t going anywhere or that offer no incentive to run a node, support the structure or advance the technology, where’s the investment component? If bitcoin exists only to pay miners who then sell bitcoin to exchanges where it is bought for speculation, where’s the investment?
If a functioning token has no value, why will any other crypto be worth anything? Logistics and tracking? Private chains and corporate servers. Amazon, Microsoft, UPS, Fedex, etc. Authentication? Each company will partner with a current blockchain provider or a large corporation to create a proprietary solution only they can implement. Transactions? Governments will issue their own cryptos and make cross-chain worldwide transactions cheap and easy. Ripple will own banks and currency transfer markets. Western Union and the other money transfer companies will issue their own tokens or just partner with Ripple.
I see a future with 10 cryptocurrencies surviving just as “stores of value” and tools for speculation. The rest are worthless. IMHO of course. Someone tell me I’m wrong.
If functioning platforms like Ripple and Unikrn have associated cryptocurrencies that aren’t going anywhere or that offer no incentive to run a node, support the structure or advance the technology, where’s the investment component? If bitcoin exists only to pay miners who then sell bitcoin to exchanges where it is bought for speculation, where’s the investment?
If a functioning token has no value, why will any other crypto be worth anything? Logistics and tracking? Private chains and corporate servers. Amazon, Microsoft, UPS, Fedex, etc. Authentication? Each company will partner with a current blockchain provider or a large corporation to create a proprietary solution only they can implement. Transactions? Governments will issue their own cryptos and make cross-chain worldwide transactions cheap and easy. Ripple will own banks and currency transfer markets. Western Union and the other money transfer companies will issue their own tokens or just partner with Ripple.
I see a future with 10 cryptocurrencies surviving just as “stores of value” and tools for speculation. The rest are worthless. IMHO of course. Someone tell me I’m wrong.