Published
5 years ago on
September 21, 2018
âWhatâs great is that when you buy some Bitcoin or you move something on a block, it is secure and you know that all those people and all those computers are making sure that that block was moved properly. There are plenty of hacks around the crypto-world but the Bitcoin blockchain has never been hacked and you know â knock on wood â we donât think it ever will be.âFurthermore, Draper offers one example of how the blockchain may eventually integrate itself into our daily lives:
âBig Data with Deep Learning is going to determine if we have a headache. Theyâre gonna say: âOh, you take two aspirin in the morning.â And me â theyâre going to understand that I was in Fire Island and there is Lyme disease there and so I should check for ticks or take something preventative. And no doctorâs going to know that much about us.âThat last example is pretty frightening when you think about it⦠Either way, the message here is to remain optimistic about cryptocurrency. Blockchain technology is moving forward and bringing with it a rise in crypto too. Prices might be tame at the moment but in a few years time, things may look very different. Of course, Bitcoin at $250,000.00 is quite an unrealistic prospect, but then I guess the only way to find out if this will happen, is to simply just wait and see. References Sludgefeed