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RE: Is Bitcoin in a Bubble?.... i have the answer!

in #bitcoin8 years ago

great post and thoughts!

As a form of currency most cryptos are very inaccessible to the general public, although guys like Blueshyft are trying to change that with the platforms they are building.

The problem is the general public - and surprisingly the tech community (at least in Australia)- still see it mainly as currency and don't understand the value of the underlying technology outside of that.

I am on the exec council for an Australian IT channel industry association and we recently ran a conference looking at new opportunities for the IT community in Australia. The number of people who knew anything at all on blockchain other than the word bitcoin could be counted on half a hand.

If the tech community is that far behind - imagine the wider community! The potential use for BC technology - and it's evolution into technologies such as hashgraph and other distributed ledger tech is pretty exciting.

thanks for sharing
PS love the Gif!

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Thankst @shellyduncan yeah your absolutely right! Wow im shocked that even the IT professionals are lagging behind in Australia. I realise that a lot of consumers require services to update them on the technology, but from my opinion there is so much potential for professional industries to jump on board and push ahead in terms of competition.

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