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RE: Cryptocurrencies, Blockchain and Value

Thank you @lishu for this excellent article (and thank you @crypto.piotr for bringing it to my attention). Ten years after the introduction of Bitcoin we start to see the multi-dimensional implications that censorship-resistant distributed ledgers may (I personally think will) have on our global society. The multitude of altcoins focus on different aspects and their underlying rules represent the values that are shared by its hodlers. Some of the coins are clearly ideological and are trying to cistalize dreams and visions into reality. IMHO Bitcoin has its unique role in dragging massive wealth into the space (I am thinking trillions of $) which is thus made available for humanitarian and sociological innovation pioneered by alts. Bitcoin is the cold hard cash (as outline in the book The Bitcoin Standard) that is increasingly harder to avoid by asset managers.

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Dear @mariusfebruary

I'm glad you accepted my invitation and big thx for sharing your opinion on that particular issue. I noticed that you even resteemed this post :)

Enjoy your weekend buddy
Yours, Piotr

Thank you for the kind words :)

This is a very interesting perspective, and one that I failed to see, that the value created by bitcoin bleeds through the market into altcoin innovation. And you are 100% correct because most of them are funded through bitcoin and ether. What a very interesting mechanism, I will give this one some thought.

I think the real transformation and massive impact on our global society will happen when we have an oracle revolution and blockchains start interacting with the outside world in a trusted and secure way.

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