RE: Can the Blockchain Produce Some of the World's Top 100 Billionaire By 2028?

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Can the Blockchain Produce Some of the World's Top 100 Billionaire By 2028?

in blockchain •  6 years ago 

Well, since btc and even eth have made people some pretty profits, it’s definitely a possibility that it can blast a handful in to mass wealth if they invest smartly.
Granted, give me a few years and I’ll let you know how rich I am. ;)

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This article is certainly interesting in regards to the future of blockchain and how some will grab it by the horns; however, I'm personally more skeptical of cryptocurrencies (and yes, I realize the irony of this as I'm writing this on Steemit). But I'm skeptical simply because cryptocurrencies are not a productive asset. If I bought 10 bitcoins now I would still only have 10 bitcoins 50 years now. The only way I could make a return on purchasing them now is if someone else would pay more for them in the future. This is speculation - not investing. Sure, some people will make a lot of money buying and selling cryptocurrencies but that does not make them a safe (or wise) investment. There is a difference between speculation and investing. I only hope that many people (myself included) will know the difference.

I still hope you make some pretty profits from it though!

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