A Star Is Born? Take it easy, not so fast. Part 12
Use case
"I am enough of an artist to draw freely upon my imagination. Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world." ( Albert Einstein 1879-1955)
After the construction of the atomic bomb, every other business idea has its right to exist. Correct?
We probably will regret the lines we have crossed, but will not have time to mourn.
Time is running out! We want answers! Show us something? Why do we need you?
"Oh, Luise, leave... that's to wide sphere". (Effie Briest- Theodor Fontane 1819-1898)
The Bitcoin Network is the first successful implementation of blockchain technology.
Unfortunately, the success story measured on price is also the biggest burden of the blockchain technology.
You could as well ask Gutenberg why do we need printing press in 15 century (Johannes Gutenberg
1400-1468) (Movable type printing- Bi Sheng 990-1051 AD)
Everyone has to grow up from one point on, and when money is in the game, everything has to go a little faster.
When I grow up, I want to be a president. How do you say a child let it go, you are not suitable for it. But well, other unsuitable candidates have become presidents. It is similar to bitcoin, unsuitable for currency, somehow it became a kind of currency.
Every new technology is associated with fears and hopes, blockchain is no exception.
Nuclear fission brought us energy from fission reactors, but also unimaginable destructive power of the atomic bomb.
The fears and hopes of blockchain technology, will be answered by people as always, how and for what they use it.
In the age of information and progressive digitization the need for authenticity and originality increases. Blockchain could cover this needs.
The fear that information and education will be more restricted by blockchain is given.
The hope that authentic verified informations are more easily distributed among people is also given.
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