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I'm fairly green thumb when it comes to bitcoin's interworkings, so please inform me if something I say is terribly off. I'm of the perspective that Ethereum i
by heimatau 10y ago
I'm fairly green thumb when it comes to bitcoin's interworkings, so please inform me if something I say is terribly off.
I'm of the perspective that Ethereum is the next evolution of Bitcoin/Blockchain/RPOW. In my readings, I'm of the belief that it's not about currency/fiat (although that does play a big role). I think the techies, who helped create Bitcoin, realized that Bitcoin's value is much greater than a replacement currency for a nation (or the world for that matter).
Think of it today. Google, FB, hell Verizon, AT&T, Comcast, etc, they all have TROVES of data about US as individuals. What if you could create a layer on top of the internet that anonymizes your behavior and you could SELL your data, only when you CHOOSE to release it? I think this is what the 'Bitcoin experiment' has taught many of the developers and they are going to try to flesh out their idea, which, IMHO, is to allow software to improve, in an open data set, without infringing on our personal privacy.
I think this system could be breading ground for an AI birth. I'm not the only one (@aantonop has said something recently[1]) and I know AI has been speculated for a while but...this new model excites me. Mainly because Skepticism is at the root, the blockchain is a trustless system. If AI were to come about, shouldn't it think critically? Anywho, that's my current fantasy/theory/perspective. As for the 'value of Ethereum' I see it in the tech not a monetary value.
[1] https://www.youtube.com/watch?v=_0jxX84mzts https://www.youtube.com/watch?v=_0jxX84mzts