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RE: PwC Becomes First "Big Four" Firm To Accept Payment In Bitcoin
@zerOhedge, Decentralised ledgers are something that should have been first adopted wholeheartedly by the accounting community given its relevance to them. We're probably not very far froma world where every major finacial transaction will be stored on a blockchain and thereby insuring it from fradulency far more than any contemporary system could provide, and also a much more efficient system of ledger update/storage.
PWC won't be the last, it's only going to be a matter of time before other pitch in I believe..
I agree with you. Blockchain is going to come in hot and heavy. It is not a process we are going to see take years before it is embrace. My feeling is 2018 will be enormous for it since there will be a ton of companies adopting it.
People are going to end up doing business on the blockchain whether they know it or not.
Absolutely. The irony is that 90% of people who are throwing money into Bitcoin probably don't realise that crypto currency is just one use case of block chain. The potential for blockchain is practically unlimited.. ... I believe 2018 is going back to the new beginning as it's likely the number of adopters will finally reach tipping point next year and then it's going to be a flood of mass adoption for the technology
Agree 100%.
You are right, tokens are just one app on a blockchain. There are a ton of other uses.
Blockchain development is going fast on the private side. For all the talk about the public chains, we see a lot of activity by the banks and shipping companies embracing private blockchains that are being created. Will these ultimately end up public, I dont know. But the technology itself is being embraced completely.
Bitcoin is still having more dollars transacted across it than any other chain. This too might change...although the security of bitcoin is well established.