RE: Why There Is No Need To Fear The Kodak Coin Or Any Other Corporate Coin (Facebook Coin): Steemians Rejoice
Corporations are starting to realize the power of blockchain and will continue to embrace it as long as it makes them money. They do not care about the meaning behind it or how big it truly is. Steem is a Ferrari that is not stopping anytime soon, it is constantly getting updated and there is just higher quality content here than on Reddit. It's wonderful to see corporations embrace blockchain but they don't truly understand it and only see it as a means to make money. They are decentralized for a reason there is no one person controlling everything rather a community. How long do you think it will be for companies to embrace cryptocurrency and accept it as payment such as Monaco, eth, steem, ltc, btc, etc...? Keep up the amazing content, you have given me inspiration for my next post :)
The corporations might start taking crypto here shortly...but that is a side issue. How to get paid isnt really their problem...it is blockchain. In fact, many are expecting a big announcement by Amazon in the beginning of February regarding BTC and ETH (it got the domain names from what I read).
In the end, with DAOs coming on-line in the next few years, you will see the traditional corporation hit...many industries will feel the power of blockchain....some will benefit, others will be destroyed.