I don't believe there will be 15,000 coins (that matter). However, the compression idea is worth exploring so I can increase the list to the top 1000 or so.
BTW: Take a look at this list, this is what I think will happen to crypto currencies, most will be extinct or irrelevant in a few years like it happened with car companies in the US: https://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States
RE: Become a Crypto Millionaire with this investing strategy app
You are viewing a single comment's thread from:
Become a Crypto Millionaire with this investing strategy app
No doubt that many of the tokens on the list today are scams or people who got in over their heads. They, like you said, will fall away.
However, I view us rapidly moving towards a tokenized world where most everything is on the blockchain. There will be blockchains for everything and people will be incentivized in many different ways. The tokens that have a utility which puts it in people's hands, like STEEM, will have value. Now how many matter to each person is up to debate. But we will see them for all areas of online activity...and even a fair bit of offline as well. I believe, 5 years from now, people will be receiving 25-50 different tokens a month for things they do.
Even on this blockchain, we will soon see not only steem, but tokens for DTube, Zappl, and appics (and that is what we know about).
The centralized structures are going to keep feeling pressure from decentralized blockchains in all areas. I even read an article expanding upon what Estonia is doing terming it Country As A Service (CAAS).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very interesting, maybe you are right and I'm getting old already and can't see this wonderful future yet. Makes sense, after all I'm looking back at history for similar things but the reality is this crypto phenomenon has never happened before so all analysis based on history are probably wrong. Did you hear this Warren Buffet? Haha regards
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Warren Buffett? You mean the guy who finally bought Apple? Great investor but the world passed him by. He admits he doesnt know technology yet he keeps popping off about it.
True on the crypto phenomenon....we are in unchartered waters. Of course, we are in the same place with AI, 3D printing, VR, and 5G.
Who would have guessed computing would be where it is today...processors like they are....memory dirt cheap?
We are seeing a total convergence of tech and it is amazing....and, I believe, it will wrestle power from the establishment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit