Author Topic: Crypto-assets / Crypto-inventories / Crypto-currencies  (Read 13179 times)

lepong02

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Crypto-assets / Crypto-inventories / Crypto-currencies
« on: September 13, 2018, 01:47:47 AM »
I thought blockchain technology and it's related crypto uses would be worth some discussion here as an alternative investment.

Personally, I think Bitcoin or BTC is overhyped and doesn't provide tangible utility similar to gold. Mostly a speculative commodity equivalent.

I prefer looking at the potential of crypto inventory as a disruptor to conventional ways of transacting business activity. I've started slowly accumulating Ethereum (ETH) and other alt-coins with about 0.5%-1% of my investment capital each month. It could possibly be the next 'internet' that may change our economic landscape.

Sam

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Re: Crypto-assets / Crypto-inventories / Crypto-currencies
« Reply #1 on: September 13, 2018, 10:29:52 AM »
I was at a bachelor party earlier in the year and a billionaire showed up. We asked him about crypto, and he said he was super bearish. He plans on letting everybody on his SAAS platform (largest in the world) develop their own crypto and flood the market. He believes crypto will therefore be diluted and have no value. Let's see if it comes up in his keynote speech later this month!
Regards,

Sam

rtysmith

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Re: Crypto-assets / Crypto-inventories / Crypto-currencies
« Reply #2 on: September 13, 2018, 10:52:06 AM »
Its very important to separate cryptocurrency from blockchain - its like email vs the Internet.
Cryptocurrencies are the catalyst, but blockchain is the real disruptor, which we have not seen in mainstream implementation yet, but stand by...

Sam

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Re: Crypto-assets / Crypto-inventories / Crypto-currencies
« Reply #3 on: September 13, 2018, 11:16:52 AM »
Its very important to separate cryptocurrency from blockchain - its like email vs the Internet.
Cryptocurrencies are the catalyst, but blockchain is the real disruptor, which we have not seen in mainstream implementation yet, but stand by...

 Good point. So what is the best way to invest in block chain then?
Regards,

Sam

rtysmith

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Re: Crypto-assets / Crypto-inventories / Crypto-currencies
« Reply #4 on: September 14, 2018, 05:41:17 AM »
I think the best option is to wait. The best bet for crypto seems to have been to invest in coinbase. The adoption of blockchain by big co's is coming, patents are flying, use cases are growing. It may be to find a hedge fund that is really finding out who has got something and who is bs.

Blockchain's has so many advantages, but decentralized general ledger will likely be the game changer. Think of Uber with no centralized office - the entire system is run without a hub.

Or think of buying a diamond from a pawn shop and its ownership record is in a blockchain that goes back to the miner.

Or widgets produced oversees to be sold in the US, and being able to trade finance the middle blocks between production and final sale.

art authentication, chain of title....

SteveGood

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Re: Crypto-assets / Crypto-inventories / Crypto-currencies
« Reply #5 on: February 12, 2020, 10:00:41 PM »

Crypto assets and Crypto currencies is best alternative investment platform, but it's not accepted legally in most of the countries in the world.

This is the big disadvantage of Crypto currency investment and the Blockchain technology.