Brief thoughts about technology and blockchain

in #blockchain5 years ago (edited)

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One of the main objectives for all of the developments that use blockchain technology is to increase the freedoms of its users when it comes to the management of their money and the possibilities they have to make transfers to any part of the world without having to suffer any inconvenience nor having to deal with an extremely slow bureaucracy.

Cryptocurrencies offer new opportunities that didn't exist before, and as their adoption increases their legitimacy before the general population will only be strengthened over time. This type of currency will be used in the virtual worlds of the future because the ease, speed and security with which they operate can hardly be matched by traditional payment mechanisms with fiat currencies.


This is my English translation of a segment from one of my previous Spanish articles.


DISCLAIMER

This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.

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Crypto-currencies may get so good that they balance outstanding coins with outstanding goods... or closes the loop. Making it a completely self sustaining system.

And, it may even go further.

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