12 karma · joined August 26, 2017
Cryptocurrency breaks down financial barriers usually erected because of geo-political relationships. Other sectors might benefit from the same kind of egalitarianism.
I don't know what the future holds, but there could be interesting applications, but probably not as world changing as people think.
Currently. It wasn't always that way, and there are many other currencies (Monero) where that isn't the case.
[1]:https://blockchain.info/charts/n-transactions?timespan=all
[2]:https://blockchain.info/charts/n-unique-addresses?timespan=a...
> The same hacker who previously sold data dumps from MySpace, Tumblr, LinkedIn, and Fling.com, is now selling more than 100 Million VK.com records for just 1 Bitcoin (approx. US$580).
Ah, those were the days, when bitcoin was worth <$1,000.
More refined sugar?
Less physical activity?
I really wonder what it could be, though.
This is the current major problem in California from healthcare to public transport: where is the money going to come from?