Topic: Analyst say bitcoin will Obsolete one day. - page 11. (Read 2132 times)
no i don't think because bitcoin is a digital currency which is based on blockchain technology and blockchain technology is future technology and i don't see blockchain technology being obsolete
Don't trust these analysts because most of the time it's useless.
You should have your own judgment. Bitcoin and blockchain are inseparable, but blockchain has its unique value.
You should have your own judgment. Bitcoin and blockchain are inseparable, but blockchain has its unique value.
In 2012, there were lots of internet talks "Buy 1 ounce of silver. End the Fed". Then Silver fell to $9/ounce.
Bitcoin is also internet talks and has anti-government and bank-killer talks
Bitcoin is also internet talks and has anti-government and bank-killer talks
Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it.
That is also the same as saying that all crypto that exists now will be obsolete one day because they all run using blockchain technology. Nevertheless, I don't see blockchain technology being obsolete soon, IMO there are a lot of things that can be improved from it before we move on into seeing a superior technology being invented. Also, It will also take time before intelligence agencies decrypt it because they would need to use a supercomputer that is capable of quantum computing. Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
Wait for this technology to evolve fully first and then we can talk about the another intelligent technology getting developed with full scale mode. It took more than decade for the blockchain to reveal itself that too partially as we dont know what are the other ways of using it and how powerful it is in the first place. If this tech itself is having so much trouble around the world from getting acceptance in the first glance then how can anyone even think about the other tech to come alive.
I think this article means nothing to me at all as bitcoin will take different usage forms in the later times which we still dont know. We dont know whats the future of whole tech here, what responses it will receive from the regulations and much more things.
Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
The predictor says its useful, its visible, but one day it will be obsolete.
One thing I want to say people wants to says negatively. this is a new technology, we can't appreciate new things.
new link down below.
https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp
One thing I want to say people wants to says negatively. this is a new technology, we can't appreciate new things.
new link down below.
https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp
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