July 11, 2018
Many different industries embrace innovation and advancement of technology. The crypto space in general is not only about changing the technology of money- but that is one feature. A natural progression of money into technology.
If I told you I have a way that a dollar bill can track everywhere its ever been and what it has been spent on, is irreversible, and operates within a trustless system- aka no middle man or bank needed to verify funds everybody would be amazed that a dollar bill could do that. But call it bitcoin and people are afraid.
They are afraid because they dont understand it. If one puts the time in to realize its an immutable ledger thats tracks transactions to the beginning of its origination, one quickly could see this is not an attractive way to participate in nefarious activities which is where bitcoin gets a bad reputation. Last Ive ever heard cash is probably the way to transact for drugs, hookers and the like... why would a criminal want proof til the end of time where he sent his funds if hes doing something illegal?
If none of that makes sense- lets be honest, the world economy is desperate for a reset and our current system is flawed. You guys can blow the top off a massive crypto bubble which would make the dot com boom look like childs play. You need something like this to reset the system.
Or would you rather the gold backed Yuan become the world reserve currency? Reset the system while you can- crypto is the vehicle.