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Thats actually the part I don't understand, one could argue that VR is in a similar or even more advanced stage than Bitcoin/Blockchain in terms of tooling and
by forkLding 9y ago
Thats actually the part I don't understand, one could argue that VR is in a similar or even more advanced stage than Bitcoin/Blockchain in terms of tooling and platforms simply because of the exposure on a day-to-day basis but we've recently seeing VR die down, VR equipment price cuts to encourage sales and HTC looking for a buyer for its Vive.
In fact one bitcoin is worth almost 6 HTC Vives. I'd argue that there was even bigger interest in VR than Bitcoin specifically and yet Bitcoin has emerged the winner recently.
- nylonstrung 9y agoThat's a weird comparison. VR is largely consumer entertainment at a point in time when we have unlimited amounts of it and it requires hardware that most consumers can't afford and lacks content. Crypto is an investment that provides yield at a point in time where very little can be found, equity markets are overvalued according to many indicators and an increasingly wealthy population in China is seeking investment opportunities not associated with the Yuan that they can't get in any other form. Crypto has the potential (however likely you think) to completely redefine the world economy via decentralization. A decentralized, unregulated currency that doesn't require intermediaries and can rapidly transfer and store massive amounts of value with relatively limited transaction fees is unprecedented. VR by comparison is largely a mere iteration on existing entertainment systems right now.
- forkLding 9y agoI guess what you are saying is right, I based my opinions mainly on the companies backing which technology, it seemed like to me that Facebook, HTC, etc. had a better advantage of turning a technology popular than Bitcoin which is more open-source.