RE: Countries That Incentivize And Deregulate Crypto Startups Will Reap The Rewards If The Technology Goes Mainstream
Great post @calaber24p, great post. It is not "if the technology goes mainstream", it is when, because it will happen. The big players are already putting structures in place to explore the uses of the blockchain technology. In looking at the largest collection of bitcoins per individual per country, Chinese are the largest collectors of bitcoins as we speak. Little wonder China has decided to lead from the front leaving countries like the US and UK behind, still at the starting block. They already have a working group set up to fast-forward the development and adoption of the blockchain technology and also proposing laws that will allow the citizens to own digital currencies. You can check out an article I posted a few weeks ago @ https://steemit.com/bitcoin/@delphia16/how-using-the-blockchain-cryptography-can-tame-the-lion-of-corruption-even-in-developing-nations
The United Arab Emirate (UAE) is exploring how to use the technology to stop the flow of "Blood Diamonds" from different nations. Australia has just set up a structure to explore the use of the blockchain technology in accurate election voting and many more. You can also check out this other article I posted relating to the above @ https://steemit.com/money/@delphia16/for-the-blockchain-technology-the-world-is-falling-in-line-and-about-time-too .
So you see, it is not if, it is just a matter of time. But those that jump on it first, get to milk the cow and have a greater advantage of reaping more of the benefits to come.
I never take anything as a definite, just because I honestly think anything could happen. Plus when im talking about cryptocurrency im talking about mainly open public distributed ledgers, which I think do have a potential to become less mainstream than private blockchains. This is an unpopular opinion that many don't share with me, but people using private blockchains many times can do it cheaper and the tech has to just be good enough. It is far more inferior than open public blockchains, but they will still find a place. Im just hoping that big companies don't accept them as the standard.
Noted! Great post though. Thanks for sharing.