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RE: Layman's Understanding of SMT's & Why it will Revolutionize the Internet
SMT are amazing and will be important in the future, but companies like google and facebook won't be able the create their own SMTs because they have huge government contracts and they wouldn't jeopordize them. At the end of the day facebook is able to make so much ad revenue from our interaction. SMTs won't help their business but it could help us get paid for our interaction. Good post!
Did not know that! Thank you for shedding some light :) for that, I'm giving you an upvote of love my friend! <3
What kinds of government contracts would prevent them from having SMT's?
Tokens are like money because they could easily be converted to usd. To US government wouldn't look favorably on the big tech companies essentially creating their own currency. Years ago I worked on a espn tv show that the nfl hated. The show got good ratings but the nfl said if you don't cancel the show you will lose sunday night football. Espn cancelled the show right away. The US government can exert influence on big companies in subtle ways.
That makes perfect sense. Thanks for that. Brilliant. Upvoted again