Devcon 4 Wrap-Up Thoughts w/ Boxmining & Ran Neuner
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Interesting talk about blockchain cities. I agree with Ran that there are some very ambitious projects that will probably end up doing nothing in the future. I believe in the future there will be increasing demand for new, and smart cities. The blockchain industry is already creating a new generation of wealth in our country. The demand will be met by hungry entrepreneurs from all over, and new cities will be built. Our country started out just in this way before WW1 and WW2. During the gold rush mining towns/communities sprang up all over the USA. I believe something similar will happen eventually. A city that works in a synergistic way with a crypto based economy would be interesting. The Steem blockchain has already built a park in NYC: https://steemit.com/dtube/@sndbox/ll4ld67n - who knows, maybe in the future we will see Steem built cities and communities.
I'm of agreeance with you. I recall at least 5 ICOs last year that were trying to raise money for this kind of purpose. We already know that many are attempting to capitalize on the fact that there aren't enough crypto-friendly jurisdictions, in order to provide a safe-haven...but it's all an experiment, assuming they even fulfill what they aim to do. At the very least Blockchain LLC has already purchased the land, has asked for no capital, and is in fact hiring people. They seem farther ahead than any similar project I've seen presented, and all I know is Jeffrey Berns deeply despises the banks, is no push-over, and will likely go as far as possible with this. I didn't know about the Steem park...very interesting. Thanks for sharing, and for the comment, brother.
-Omar
Yeah I have been watching that closely as well. Very cool stuff Jeffery is doing. I wonder what his views for the future are in regards to crypto as a whole. Does he see the world being run on ETH for anything and everything?.. or does he see a world in which there are multiple blockchains co-existing and being used for different purposes? I believe that will be the case. I believe ETH could have some great use cases but right now it seems everyone is trying to do everything on ETH. I believe things will begin to readjust themselves as more people become educated on certain things. -- check out these two articles regarding Steem park. Both great reads. The @sndbox account is also worth following. They have been doing some great things for the Steem eco system.
https://medium.com/crypto-nyc/building-the-creative-crypto-community-b0f621c02b53
https://thecreativecrypto.com/steem-park-the-park-that-blockchain-built/
There aren't many blockchain projects getting a write up in The Economist. There is firstly a need for better blockchain knowledge amongst the general public. But even amongst regular retail investors in Crypto, there needs to be some real education, so they can tell the difference between a low value clone project, to a real project with developers and an active community, willing to use its product.
Which is the only crypto that I actually use, it's STEEM, everything else is speculation. How many people genuinely use their Bitcoin as a currency? Be honest, not many at all.
Steem is likely to be first Crypto many people own.
@kabir88
When smart city? :D
Interesting chat guys....3 of my favorite you-tubers covering devcon4. Thank you all for keeping us updated on the latest happenings. Not all of us can make it to these events. Well done Omar :)