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Re: Monksdream post# 130032

Sunday, 12/10/2017 12:25:06 PM

Sunday, December 10, 2017 12:25:06 PM

Post# of 223867
"What I've learned so far is large and important listed companies and private organizations are implementing this blockchain technology. My understanding is it is a kind of distributed ledger that is constantly updated. It won't be a profit center unto itself, but it will enable large companies to operate more efficiently."

Dig a little deeper about how it's supposed to help companies.
In a not so loud whisper it's being discussed in storage and compression and crypto groups that blockchain is showing itself cumbersome and server storage intensive having to do with retention of records and such. The is a real world issue of physical real estate in buildings and investments into possible enormous storage systems just to keep dead data. If this is true, the ramifications haven't even sunk in yet and the people pushing this that aren't end users really don't care.

It's like a crappy diamond mlm where your downline below you holds the cases of fake oil additive all over their house and all you do is sell the concept of selling the fake oil to the next schlep in your downline.
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