Tuesday, June 26, 2018 7:45:31 PM
I agree Fit. Handling and keeping crypto safe is very laborious,and a huge hassle.
I was a bit of a computer buff when I was a kid in the mid seventies, yes I am that old. We used to go to the school district head quarters, log onto a modem we had to put the telephone into, then log onto the district main frame, and there was no monitor. Only a dot matrix printer. Then to play a game we had to enter the code out of a book, debug the code for the inevitable spelling errors and do all this on a dot matrix printer. Only a total nerd would ever do that.
Then a couple of nerds named Jobs and Gates, figured out how to make it all much easier (they lifted a lot of the technology from IBM who was so bound to their paradigm they couldn't see the coming shift). The generational wealth created in this revolution is mind boggling.
I see crypto as not even being to the point in its evolution as computers were when I was putzing around with my pals in the seventies. We are just starting to see the real world use cases come to fruition. However, the evolution is happening way faster than back in the day.
DigitalX started down that consumer path with their Airpocket app and it seems to have come to stand still OR it is in another round of quiet development. We shall see.
One thing is for sure, like you said, the guy who simplifies it all and makes it safe to hold and use daily, is the guy that stands to make a trillion.
I'm here for the long run. I have accumulated a nice little position and I am not giving it to the market makers just because Bitcoin is going through one of its micro bubbles. They are the the ONLY public crypto company that at this point will make a real profit this year. I am happy to wait for the market to turn. If Bitcoin goes down further I will be raiding the couch cushions to find more to invest.
This is a revolution akin to what was happening in the mid seventies with computers and I am not missing out....
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