RE: Why Blockchain Technology will continue to fail to deliver
@TaskMaster4450 I totally agree with You AND will further weaken the viewpoint of this misleading post.
On Oct. 16th of this year, $194 MILLION was sent via Bitcoin from one side of the planet to the other...
It took LESS than 30 minutes AND cost 10 CENTS...
With traditional banking (( THIEVES ))... it can take 4-5 days OR 4-5 WEEKS depending on many variables....
AND the average COST is $10,000 per million being sent.
THIS is WHY Bitcoin is HATED by the world's CENTRAL BANKERS, because they will become irrelevant IF the common people wake UP and their Awareness grows to Higher levels... 'and for many other reasons, which I won't go into in this reply.
Bitcoin is attacked daily... the common people need to understand they are being manipulated as MUCH or even MORE than ALL the cryptos combined, including Bitcoin. (( This does not mean all cryptos are viable, functional or have utility. ))
The sad fact is that this misleading Post has currently made over $121... I wrote a Post OVER a Year ago stating that Bitcoin was being manipulated by the Central Bankers and I made less than $5... hence I rarely Post... just mostly curate.
I'm a semi-retired Investment Banker who lost my JOB + CAREER because I spoke the truth ( was a Whistle-Blower )... which may have been a Good Thing because I took care of my Father, got rid of his Cancer and learned many things, on a much deeper level than I would have if I continued to MAKE so much money.
REAL Wealth is not always measured in paper currencies (( backed by Nothing with absolutely no Intrinsic value whatsoever))...
There are other forms of wealth that may be MORE important... like kindness, awareness, compassion, Good Health, Good Family/Friends, patience, Love, etc... Sorry 4 the extensive rant.
Cheers 2 Everyone reading this !!
To quote myself;"Undoubtedly you are able to send millions of dollars abroad for a relatively small fee."
Banks are thieves. Acknowledged. Yet transacting via a bank is usually free of charge, there are of course exceptions.
I talked about attacks with superior hashingpower, not about price manipulation.
It's likely that big players, maybe even central banks are supressing the price.
You are mostly talking about things that are not mentionend in the article.
Its okay to rant, but this just comes off as impulsive and uninformed, maybe go over a few whitepapers of different cryptocurrency projects and cross reference the real world application of the currencies that do have a large market cap and daily transaction average.