Blockchain and Cryptocurrency: Good Investment? (Bitcoin Anyone?)



Get A $200 DISCOUNT For Advanced Meditation Workshop HERE: ◅ Use code: BULLDOG ▻ Get A …

23 Comments

  1. This is what I am always talking to people about. They're going nuts about bitcoin and other alt coins, but the blockchain and iota tangle technology is what I'm excited about.

  2. What about vertical farming? Indoor hydroponics, aquaponics or areoponics etc. Lots of new stuff happening in the agriculture. Would be interesting to hear about your take on working in programming in that field.

  3. Folks, pretend every form of currency is going to simply vanish: Cash. Gold. Crypto currency. Etcetera. Real wealth is what’s left over: Knowledge. Resourcefulness. Skill. Ethics and morality. In other words, whatever you think you would need to rebuild with, after you have lost it all. That’s real wealth that can never be taken away. So, yes, learn crypto technology and development, even if you never use it or even if it goes away. You will take away something much more valuable: THE PROCESS. Once you learn that, then add it to your knowledge, resourcefulness, skill, and ethics and morality, everywhere you stand in life will become a crossroads of endless possibilities.

  4. Definitely. "Investing" in cryptocurrency is no different than "investing" in any other type of currency. In the end it's just speculative and you might end up with a Zimbabwean dollar. Cryptocurrency makes investing in Tesla post-$300/share a great idea.

  5. Great video ! Always appreciate your insight! How do feel about the new technology “tangle” which is what the cryptocurrency iota is built on. I believe Microsoft and Samsung just became partners with the company that developed it. According to their videos it’s not blockchain and it’s more efficient. Any comments on this?

  6. Thanks for covering this John!
    I also believe that blockchain tech will be implemented in most areas of our infrastructure in the future! I'm currently learning Solidity and working with smart contracts to build a few ideas that I have on top of the Ethereum network.
    I foresee the biggest problem for cryptocurrencys being the mass amount of people throwing money at it without even knowing how the basics of how a blockchain works. You can make money yes! But when something goes wrong, not understanding the consequences or process of rectification is going to create big problems for alot of people.

  7. For those who want to learn about bitcoin in more depth (which I personally consider a prerequisite to any form of investment or speculation), check out the white paper by Satoshi Nakamoto that bitcoin is based on! This explains exactly what bitcoin is and how (and why) it works. You can find it here: https://bitcoin.org/bitcoin.pdf

  8. The big issue with the current state of building business on top of blockchain is an extremely low barrier to entry, there is no credibility and literally anyone with an 'idea' plus a few bucks can build a website, add a few elements of social proof and start an ICO. Unfortunately the Ethereum platform has made this relatively trivial to complete, there is undoubtedly going to be a higher percentage of blockchain projects that fail then regular business. As there have been many previous occurrences of ICOs that have bought in tens/hundreds of millions in with public investment with no MVP, no community feedback and no performance metrics of how their product interacts with a given blockchain. Thankfully this trend is starting to end and slowly the market is becoming more conservative to these kind of businesses emitting bad signals.

    My suggestion for getting involved with the blockchain industry is to send applications to existing companies that are hiring, aim for jobs in that initially need skills that you provide; web, mobile, backend etc. You don't need 'blockchain' skills to be involved, simply bootstrap and expand your knowledge over time while working with your company. There are very few full stack developers that have a full grasp and understanding of blockchain technology.

  9. The need for blockchain developers is going to sky rocket and I don't see the skills gap being filled for many years.
    It's an obvious move if you're looking for a niche market to invest your skills in.

Leave a Reply

Your email address will not be published.


*