Replies to post #302 on MegaTrends (MEGA)

[Pro-Life]

Sector commentary: Where Snowden Failed, THIS Won't
by Capitalist Exploits Aug 6, 2017 11:19 PM

http://www.zerohedge.com/news/2017-08-06/where-snowden-failed-wont

Mark Andreessen famously stated that software is eating the world and by George, he was right. With all that software though comes a different set of problems. One of those problems, one even larger than John Prescott, is cyber security.

Now once again, I suspect Joe Sixpack won't give an isht if someone can see that he's turning on his heating system from his smartphone while on the way home. But when it gets disrupted and hacked and his phone automatically pays for a weekend at the Marriott in Bali without his knowledge, Joe will search for solutions in a blind panic.

When Joe begins getting paid via smart contracts and in value tokens attached to his workplace and it's all done on a network, Joe will care a lot.

Economic incentives, both fear and greed, never change. What's changing is our financial architecture and how we're going to have to deal with that.

Fortunes will be made on the back of what promises to be an explosion in data security. Watch!

- Chris

"The great fear that I have is that nothing will change." — Edward Snowden

There's much more with charts at the link above...