I think with the total crypto market cap on track to hit 100 billion soon, the technology will be discussed more soon. Right now very few people really understand the tech. It needs to be successfully running on a large scale with company buy in. If (when) cloud storage moves from the cloud to the block chain, that will convince the masses, for instance. I'm hoping Factom will do that as well as it is severely undervalued even among cryptopians.
RE: Why are tech reporters and VC's not discussing the breakout in technology via the BlockChain?
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Why are tech reporters and VC's not discussing the breakout in technology via the BlockChain?
Thanks for the thoughts @albensilverberg
I totally agree on the 100 billion mark. I think it is going to blow right past that much sooner than any of us anticipate based upon the heat in the market right now.
As I mentioned in the article, given large companies are getting into Ripple platform (and there are several others with major players participating - NEM for one) I think it is a matter of time before the blockchain is used by the general public, even if the general public do not understand the underlying tech. This is how most major systems mature including phones, music and the internet.
I have been keeping my eye on Factom but took a small position on Siacoin via http://sia.tech/ There is ample space in the market for some huge players in blockchain storage on blockchain, as it just makes more sense than current vendors like Dropbox and ICloud, Google Drive. I feel the tipping point will be when these companies open API's are integrated deeper into everyday tools such as existing mail clients and services like Hubspot/ Salesforce that automates a lot of the process.
Ill keep my eye on Factom - thanks for the heads up! - KTB
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