You are viewing a single comment's thread from:

RE: 2 Trillion It Seems Like Just Yesterday

in LeoFinance3 years ago

Totally agree with that. The biggest negative of all of this of course is how it becomes centralized because people with massive $$ can still hold massive wealth while those who don't are still kind of stuck. Not many people own bitcoin but nearly all of it has been mined. It's kind of a reason I'd like to see a new crypto come out that beats out bitcoin in the next few years and becomes more distributed at first. Or maybe it will take an all new direction. Perhaps everything will be crypto but each having it's own blockchain and token. You then become a part of it by owning that crypto so you have voting stake just like you would with a normal company and owning stocks. That's kind of how I imagine things in a few years from now.

Sort:  

I think that's kind of coming. But I don't think bitcoin is going away. I think it will just continue to grow until it basically is the global currency. I think at some point they will start trading it in Satoshis or some form. Maybe 100,000 sats will be called something different and they'll trade it in that. But I don't think that precludes many other cryptos from making their mark and it could certainly evolve into a pseudo-stock market. They will still have to figure out how to get value back to the "shareholders" though. I'm pretty sure that in the next five years there will be cryptos out there that we can't even imagine right now. Just like any other technology, the developments are coming faster and faster and headed in directions we can't even see yet.

Posted Using LeoFinance Beta