RE: Blockchain22 Apr 2021 18:29
Crytpocurrency and Blockchain technology are two different things completely. I was and probably still am fairly skeptical of cryptocurrency, only recently taking a small position in Ethereum that I can afford to lose. Etherum to me seems to have a purpose (I'll not go into that) Blockchain technology in itself can and will have multiple real world applications and is potentially huge in the area of big data, something through it's healthcare holdings that SMT is backing to disrupt medicine and primary health.
To the villager analogy I would say this....fiat currency and gold are nothing more than belief systems, if people stop believing in them, they collapse in their function. It would appear that maybe Bitcoin is heading in that direction. It's key component of being, as far as we know, decentralised from state control and digital, the digital world should not be underestimated now.
Time will tell, really glad SMT got involved and to be honest I didn't expect anything less.