TED Talk: How the blockchain will radically transform the economy

in blockchain •  7 years ago 

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Thanks for refering to this video! Going to watch it.

It's very informative, and I looooove that its a woman talking about blockchain for a change :)

Indeed and she talks with a nice tune. Love it.

Feminine + smart = <3

Thank you for sharing this amazing video. I totally agree with you how blockchain is the future of the economy. I have't saw your complete video will surely watch it later though. Well something bothers me with blockchain technology and just want to share it out with you to have your comment as you surely have a better overview of what's going to happen in the next 10 or 20 years.

The question my brain arise is that blockchain does complete a big gap in economy and that gap is trust. However while removing the gap it threatens the current economic system. The major stakeholders of this economic system would be the banks that are going to be out of business if they didn't do anything against this new ecosystem. So, what are your thoughts on that ?

Thank you for your comment. I think that technology is evolving so quickly that to predict what will happen in 10 to 20 years is not the best approach, I would focus on the next 1-3 year, 5 max. The reason for this is because as we scale blockchain and solve for the current issues, new problems will arise which we'll need to solve. Think about this in a way that we scaled internet. Who would have ever thought such a thing would exist in the first place, via dialup modems and it taking minutes to send emails, to solving for that to scaling to music, to now movies to being able to send GBs of data in fractions of seconds half way across the planet.

Good Point you raised. Thumbs up for the way you think. Take one step at a time and don't get that far that you fail to do anything today. You must have a strong EQ i guess. :)