rant

in #busy5 years ago

Rant

Musk, Larimer, OneWeb, BlockStream
The space race to free global internet is a race to the first claim to the next global currency reserve.

Jack Dorsey, CEO of Twitter, has hedged his bet that Bitcoin will dominate as the next currency reserve by which countries back their currencies, pledging $10K a week to dollar cost average BTC.He's also mentioned on Joe Rogan's show that social media will ultimately develop on blockchain.

Regardless whether BTC is the Free Market's chosen reserve, Bitcoin code simply cannot scale to meet global transactional demands.

Second layer solutions like Lightning though have increased capabilities to meet current demands, the leading transaction of value is shifting towards wrapping the value on independent chains offering instant transparent exchange of value.

The infrastructure of this technology is blooming to show that different demands meet different geolocales. VET has grown immensely in the development of blockchain integration in supply chains.

IBCs are going to be the glue where cross-chain competitions turn into coopetitions and BEOS nodes will offer an ability to host geolocal specific operations to meet the demands of different governments and free markets.

And to turn to another tangent, Platin can be the standard by which the locations can be verified.

Sort:  

Nice rant, do you think, 2nd layer like lightning can take over the operations of global financial transactions volume? I'd say there is a huge difference between l2 solutions and ibc. To compare with history, wasn't it Ford who disrupted the automobile industry rather than Rolls Royce...

Hi, @jpederson96!

You just got a 5.85% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

Dear jpederson96:

We are SteemBet, the next generation STEEM based gaming platform. We are honored to invite you to join our first fantastic dice game, which is just the beginning of SteemBet game series. Our dividend system has now launched. The prize pool has already accumulated 2,000 STEEM and more than 60 players have participated in staking mining token SBT. A huge reward of 40,000 STEEM is awaiting! Join us NOW with other 500 STEEM users to loot HUGE dividend reward!!

SteemBet Team

Official Website
https://steem-bet.com

Discord Server
https://discord.gg/95cBN3W

Telegram Group
https://t.me/steembet

Hope ranting doesn't make you !sneeze

You have been infected by the King of Disease!

Will you quarantine yourself?

Or will you spread the plague?

King Of Disease

Coin Marketplace

STEEM 0.29
TRX 0.11
JST 0.034
BTC 66095.77
ETH 3184.92
USDT 1.00
SBD 4.12