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RE: Investing in Whisky and Cryptocurrencies: What do Steem and Pappy Van Winkle Have in Common?
Nice analogies - beautiful formatting. Just followed you. I think SMTs are riding an undercurrent that no one knows about. They will definitely change the social media landscape, and possibly sooner than we realise.
And it will be awesome. So we get more value out from our time we invest in the online landscape! YouTube seems to be going a little desperate how they have added ways to donate money in live streams. Just looks a bit spammy. These tokens will be a better system.
Will also be better for larger media companies to have a system like this instead of an annoying pay-wall to access content. Clearly they are also desperate and is trying to go back in time. Instead of opening up more they are building walls. Digital value transfer + Trust + Reputation + Speed = Winning Formula for changing the social media landscape.
As you say this will probably happen sooner than most realise. Especially since technology is growing with exponential growth and how this is global and with a large world population we now could easier connect the smartest minds to come up with revolutionary ideas and put them into real projects so much faster than in the past!
Agreed @hitwill with re SMTs, I'm so glad for this post because it has reminded me of my promise to myself to get to grips with them, and fully understand them. Yay @donkeypong! :0)
Cg
I think You are right and also think it' ll be sooner
@donkeypong thank you for that very informative article you've posted, but as a newbie in steemit, reading this makes my brain freeze and my nose bleed with the terminologies and how everthing works in cryptocurrency. but taking time to read all the informations and with comparing whisky to cryptocurrency helped me alot to understand atleast little by little.. hoping to read more good articles like this I wanna learn more about this
I am rooting for SMTs to conquer the top social media platforms and make the internet a better place. I think genuine earnings from SMTs can beat the rampant issue of scammers too...
sorry for accidentally downvoting - it happened to me twich :( , I was on my smartphone and the screen isn't large enough - fixed that with a little upvote :)
The good thing from this - I looked into your profile and it looks pretty interesting so you have a new follower :)
Why these top 63 cryptocurrencies are best
https://steemit.com/dtube/@salahuddin2004/top-63-cryptocurrencies-will-run-rampant-through-blockchain
It was an interesting analogy indeed.
JRcrypto
https://www.cnbc.com/2018/02/12/hedge-fund-manager-has-nearly-all-his-money-in-bitcoin-other-cryptos.html
It is my opinion that Digibyte is one of the best crypto currencies and will make a lot of people wealthy as the adoption rate of Bitcoin grows. I'm not going to bore you with a technical analysis of the project, but rather provide my theory as to what the catalyst will be that makes the price of this coin rise in value.
The Digibyte team are geniuses from a technical standpoint. I'm sure if you are reading this you are already aware of the superior asset Digibyte is to other cryptos. The problem lies in marketing. With the adoption rate of the most popular crypto Bitcoin under 2% it is no surprise that very few people know of Digibyte and their nerdy crew. But no worries because Bitcoin is going to save the day.
As the masses become more familiar with Bitcoin and merchants attempt to implement it as a payment choice the faults of Bitcoin will become known on the big stage. I can see the morning news now talking of 10 minute wait times at Starbucks for a Bitcoin confirmation to clear. There will be a desperate search for a faster more secure payment method in the crypto space. And there with their big dicks swinging in the air will be Digibyte to the rescue. It is simply the natural progression of any new technology. Bitcoin is like Motorola and Nokia, but Digibyte will be Apple and Samsung.