RE: Riding The Wave of the Blockchain Bubble
Here is my unsolicited observation on your bubble concern:
I see one vast and fundamental difference between the internet bubble and the present rise of the blockchain. The difference is in what they represent.
Yes, internet created vast value by providing us with an "information superhighway" that streamlined all communication and that has now allowed for rapid, even instant interaction between individuals without mediation by the state.
The blockchain, however, allows for an agreed upon representation of anything and everything of value. Most fundamentally, this is currency.
Because the blockchain can and has become a currency, this means that we can potentially see all human value represented there. ALL symbolic wealth can be transferred to blockchain storage.
And so, my conclusion is that, though you may see roller-coaster ups and downs while people figure this out, there is ultimately no way to go but up. There is a vast amount of wealth remaining for the bubble to devour. 😄😇😄
Very interesting thoughts. I was thinking the other day that the real bottleneck is our own cognitive dissonance: we don't know for sure what is and what it isn't valuable. There's so much information out there that our brains are literally fried and we can't judge with a clear mind anymore. I'mv very curious about how the future will handle this bubble.
There is an awful lot to process these days. It is sort of like trying to drink out of a fire hose!
Are any of the sessions from the conference going to be posted on youtube or elsewhere?