Topic: New technologies and businesses - page 2. (Read 281 times)
Yeah I'm definately on your side. I just wondered do you think that there are some businesses that might actually go out of business if they don't act upon Bitcoin and the Blockchain technology?
Modern technology and businesses are interconnected. An economy with modern technology (such as blockchain technology in the cryptocurrency market will help the economies of developed countries.) At the same time, businesses will have more investment opportunities to seek profits to coexist. .
100 years ago, citizens didn't complain about smog and lack of parking spots, but about horse dung and sometimes even the smell of dead horse carcasses in the streets. If you had a carriage company back then and heard about combustion engines that will replace the horse, you would have thought: No way! After all the horse has been the best transportation method for thousands of years. 20 Years later, horses were banned from the streets and cars replaced the old technology, except for rural areas to nearly 100 percent.
Once Kodak was one of the most successful companies that produced cameras. Why? Because they were investing into color film early when everyone else believed in black and white films. Ironically, one of their engineers developed the first digital camera. This technology was not invested in. Today, the digital camera is norm, and Kodak is out of business.
One of my favorite example, how a successful company overslept a technology or trend they invented themselves is Blizzard: A user built map was extremely successful, and Blizzard executives should have realised the potential to make a new game out of it. They didn't until way to late. Dota and League of Legends have grown beyond any games Blizzard ever made on their own, and when they tried to jump the train with Heroes of the Storm, but then it was way to late.
Companies that went out of business because they didn't realise a new technology are countless. Think of Nokia, Blackberry, Pan Am, Polaroid etc.
Here comes the Bitcoin, redefining how a transaction of money should look like:
- secure
- without fees
Which businesses do you think are in danger because of this new technology?
Once Kodak was one of the most successful companies that produced cameras. Why? Because they were investing into color film early when everyone else believed in black and white films. Ironically, one of their engineers developed the first digital camera. This technology was not invested in. Today, the digital camera is norm, and Kodak is out of business.
One of my favorite example, how a successful company overslept a technology or trend they invented themselves is Blizzard: A user built map was extremely successful, and Blizzard executives should have realised the potential to make a new game out of it. They didn't until way to late. Dota and League of Legends have grown beyond any games Blizzard ever made on their own, and when they tried to jump the train with Heroes of the Storm, but then it was way to late.
Companies that went out of business because they didn't realise a new technology are countless. Think of Nokia, Blackberry, Pan Am, Polaroid etc.
Here comes the Bitcoin, redefining how a transaction of money should look like:
- secure
- without fees
Which businesses do you think are in danger because of this new technology?
That’s why I believe that bitcoin is the future because it ipens up a lot of possibilities and horizons for both a country and a lot of corporations and institutions. Having digital currency and control of the cryptocurrency market gives a series of flexibility open to both the consumer and the producer alike it can be beneficial nit just short term but also in the long run as it can save you a lot of money and earn you more because of the number of people that will use it.
100 years ago, citizens didn't complain about smog and lack of parking spots, but about horse dung and sometimes even the smell of dead horse carcasses in the streets. If you had a carriage company back then and heard about combustion engines that will replace the horse, you would have thought: No way! After all the horse has been the best transportation method for thousands of years. 20 Years later, horses were banned from the streets and cars replaced the old technology, except for rural areas to nearly 100 percent.
Once Kodak was one of the most successful companies that produced cameras. Why? Because they were investing into color film early when everyone else believed in black and white films. Ironically, one of their engineers developed the first digital camera. This technology was not invested in. Today, the digital camera is norm, and Kodak is out of business.
One of my favorite example, how a successful company overslept a technology or trend they invented themselves is Blizzard: A user built map was extremely successful, and Blizzard executives should have realised the potential to make a new game out of it. They didn't until way to late. Dota and League of Legends have grown beyond any games Blizzard ever made on their own, and when they tried to jump the train with Heroes of the Storm, but then it was way to late.
Companies that went out of business because they didn't realise a new technology are countless. Think of Nokia, Blackberry, Pan Am, Polaroid etc.
Here comes the Bitcoin, redefining how a transaction of money should look like:
- secure
- without fees
Which businesses do you think are in danger because of this new technology?
Once Kodak was one of the most successful companies that produced cameras. Why? Because they were investing into color film early when everyone else believed in black and white films. Ironically, one of their engineers developed the first digital camera. This technology was not invested in. Today, the digital camera is norm, and Kodak is out of business.
One of my favorite example, how a successful company overslept a technology or trend they invented themselves is Blizzard: A user built map was extremely successful, and Blizzard executives should have realised the potential to make a new game out of it. They didn't until way to late. Dota and League of Legends have grown beyond any games Blizzard ever made on their own, and when they tried to jump the train with Heroes of the Storm, but then it was way to late.
Companies that went out of business because they didn't realise a new technology are countless. Think of Nokia, Blackberry, Pan Am, Polaroid etc.
Here comes the Bitcoin, redefining how a transaction of money should look like:
- secure
- without fees
Which businesses do you think are in danger because of this new technology?
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