The not too distant future of cryptocurrencies

duane.dos (52)in #cryptocurrency • 9 years ago (edited)

This year will be known as the year of cryptocurrencies and blockchain technology. Bitcoin and other cryptocurrencies are providing financial independence for hundreds of thousands of people globally and I am proud to be a part of that group.

It is hard for most people to accept the new reality of this emerging technology and expanding market because nothing like this has ever been observed in human history before. There are a few historical events that we can compare it to, most notably the gold rush of the American wild west. That is a big reason why there are so many people standing on the sideline while the greatest transfer of wealth in history is going on.

The Future job market

People tend to have short memories, many tend to forget that we have experienced more technological advancement than any previous generation in human history. I am doing my part to spread the word, this can sometimes be frustrating and overwhelming at times, especially when those who are closest to you are not taking advantage of this amazing opportunity.

In the not too distant future, like next year, there will be many new jobs and ways to earn a steady income. Imagine something like the hash rate for your computing devices earning you money just for being left on while you are not using it and from that you will be getting paid in crypto. I know that sounds crazy but it is actually reality, hash power will be bought, sold, leased, hedged etc. just like any other commodity on the market today. One job your hash rate can do right now is to mine for crypto coins, you can also sell your bandwidth for cryptocurrencies to assist in the seeding of torrent files.

Substratum is a crypto coin that is rapidly developing a decentralized web hosting platform, so soon you will be able to host websites on your computer and earn substrate which is the name of their coin.

This is a warning to the nay sayers if you are so sure that bitcoin and the other cryptocurrencies will blow up and go away, make sure you have evidence to support your believe. If not I encourage you to do your own research into blockchain technology and cryptocurrencies before you write it off as a ponzi scheme, in fact if you are using that word to describe bitcoin you are lacking the basic understanding of this technology and you are standing on the wrong side of history.