Published
5 years ago on
September 21, 2018
“What’s 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 — knock on wood — we don’t think it ever will be.”Furthermore, Draper offers one example of how the blockchain may eventually integrate itself into our daily lives:
“Big Data with Deep Learning is going to determine if we have a headache. They’re gonna say: ‘Oh, you take two aspirin in the morning.’ And me — they’re 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 doctor’s going to know that much about us.”That 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 Investment Disclaimer
