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Blockchain, Bitcoin, and The Move To A Cashless Nation

Cory
September 29, 2017

Bitcoin has been getting a lot of attention over the past couple years but it’s the underlying technology that could have a major impact on the world. Ed D’Agostion, COO of the Hard Assets Alliance (HAA) shares his worries for the technology in terms of privacy. We also look at India and the Aadhaar growth.

Click here for the Wikipedia page for Aadhaar if you are not up to date.

Click here for the HAA website.

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Discussion
2 Comments
    CFS
    Sep 29, 2017 29:58 PM

    Cory, it is good to talk about cryptocurrencies and cryptotokens, but it is necessary to have both computer experts AND economics experts discuss the subject.
    Most of the people discussing the topic in this forum are amateurish in their opinions.

    Specific areas of expertise include:

    1. Uses of Cryptocurrencies to move money across distance/borders.
    (Bitcoin has first mover advantage, but is neither minimum cost or fast)
    2. Use of cryptocurrency as a payment system:
    a. For buying things. e.g. LTC or BCC (for speed) BTC is too slow.
    b. For payment of labor. e.g. ETCH (new ICO)
    c. As a quasi-collateral. e.g. SALT, PPT
    3. Use of crypto-tokens as a funding source.
    White papers.
    Development teams
    What to look for, what to be aware of.
    4. Computer facts…. Block size, security issues (e.g. Quantum) Privacy issues (e.g. Monero)
    Blockchain specifics. Use of Ethereum Blockchain….advantages over Bitcoin blockchain.

    Sep 29, 2017 29:14 PM

    HAA holds my gold!! THanks so much!

    He is right…..but bitcoin and existing cryptos will not go away. They now have WORTH.