Future of Cryptocurrency. by tinashe

bitcoin · @tinashe · Jul 28 '17 (edited)

$4.26

Future of Cryptocurrency.

![o-CRYPTOCURRENCY-facebook.jpg](https://steemitimages.com/DQmQ3w7XrF6cd2EZw3AVFnv4YyxJdKatf3NBy5dKswEjhnx/o-CRYPTOCURRENCY-facebook.jpg)
What is the future of cryptocurrency if you been paying attention you have noticed that the market  has been quite volatile for the last couple of weeks is roughly about  20 - 30 billion dollars has left the  cryptocurrency market place thats roughly 70 billion dollars right now but as of today its a little bit uptick.

I  want to quickly summarize my thoughts about the space currently and where I see the space going on in the future.Most people who are I have been talking to feel like they missed this golden opportunity to enter the crypto space and missing out on this piece of the pie because it's only going to be for short space of time that this is going to be available to most individuals, well they are completely wrong. My belief in the system based on me being in the system and talking with people, the just sheer fact is that we are a long long way for crypto currencies actually getting mass adoption and there are a couple of reasons why :
### **Reason number one**   
![Bitcoin-cryptocurrency.jpg](https://steemitimages.com/DQmNrqbCBY3B8m4ZdHhrQaAz4kdtiyD3nY28vFyyakk7NLY/Bitcoin-cryptocurrency.jpg)
The technology itself is not scalable yet, bitcoins are not scalable, you see whats going on with Segwitt and see what's happening with their scalability issues for the last couple of years they cannot handle millions of users.Ethereum is in the same boat trying to solve the problem though it looks great theoretically on paper lets apply it in the real world.


### **Number Two**
![software-developer.jpg](https://steemitimages.com/DQme2WogaXDiSj9t2Vx1B65jKSrg1M1QbCWk9bEprESLWcQ/software-developer.jpg)

We need talented people , there is a need to train developers ,there is not enough talented people in space , we need more engineers we need more people who specialize in crypto economics, we need more developers,  we need more talented amazing people to enter the space and to offer value and to support the ecosystem. This is why Google goes around the world finding amazing people to bring back to silicon valley.

### **Number 3** 
![timing.png](https://steemitimages.com/DQmNbqCCy1njSNktdh9g6kpiswhY7W1rVCwZ7u6kfZqgCJ5/timing.png)
It's quite  simple the  timing I truly believe that yes when Bitcoin came out in 2008 the time it was perfect but what I mean by timing for this point is **Global Timing** and so if you walk on the street and you talk to anybody about Bitcoin or Ethereum maybe one 1 out of 10 may know what bitcoin is  but I guarantee O out of 10 people won't know what Ethereum is .So the actual  marketplace is not aware of it  and they are not ready for this adoption.  

***So we are in a very early phase I mean extremely early and it's still very experimental even though Bitcoin has been here for eight years, Etherium for 2 years that's like a blink it's nothing especially because this is not just technology this is actually transforming  the paradigm of how you do business transforms the paradigm of how you think  its transforming the paradigm of nation states and nationality  because if money is not  tied to a Nation  then whats really the point of Nations what is the point of having a  Canadian dollar what is the point of having the US dollar.***

 So the whole mindset of society is completely transformed with blockchain technology.So anybody reading this blog it is very early it,s not too late, i think the future of cryptocurrency is amazing and we have a  long long way to go before we see huge mass adoption. But the bottom line is where we are right now we are experimenting this thing and if you think you coming around and you're missing on the boat you're not you're actually one of those what I like to coin the phrase lunatics in the space coming very early and you're joining us in this massive Global experimental experience process creating new types of crypto-currencies new types of tokens new types of systems of business.
![techadoption.png](https://steemitimages.com/DQmaH843H54f9wAdnvz43JWa3CguJJHU2xSc7Cu6bbVHKWM/techadoption.png)

Who knows maybe Bitcoin will disappear next year or maybe it may stay here for the next 100 years same thing with Ethereum. I really don't know what the platforms of the future will be .But the best guess we can say is we can look at the past from examples of Myspace and Facebook but those will be  different we're entering an unknown territory where the whole Paradigm is completely different the psychologist completely different and also the context, because back then the internet was still being built so we now have a hyper active platform  that things can exponentially grow which they didn't have back in the day. 
![block.png](https://steemitimages.com/DQmU28f42TFRk8YLBmCRSmcbmh6ESVh7o5MtFZYqZ7JB9ZT/block.png)

 So if you reading this blog and you feel you are left out of the party you're not left out. Your early and my recommendation is if you want to get involved buy some cryptocurrencies invest in some blockchain startups. Somehow get involved talk to experts.If we looking at the growth table of this technology we're still at the beginning. For example, Bitcoin has protocol layers of blockchain that must be solved right now and once we solve that, whether that is a stable channel, stable coins, proof of stake , Bitcoin, segwitt etc.
![bb.png](https://steemitimages.com/DQmdYc8kgx3Gf7AACpqdtHbCD1Sw9gYxznowLmkSzvsrmaj/bb.png)

Once that is solved then we start to see more user adoption, where it's almost instantaneous transaction, very low transaction fees and more of a flawless user experience, where you don't feel like you are using the blockchain, you won't feel like you are using a cryptocurrency.The future of cryptocurrency is very very bright ,invest in Crypto you are not late.Come and  join the party.
![CHIT.png](https://steemitimages.com/DQmZoVV9orvRvGpTXDxDLSA4qJLGXvmzxv2ExcctcJqooVK/CHIT.png)

<center>![steem line.png](https://steemitimages.com/DQmPVHuAsDuGSBCo2NqBvapg4ZdfM4YxBY1ThUKeiasE5jL/steem%20line.png)</center>
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### Come and join the minnow support programme 👉[MSP](https://discordapp.com/invite/tuJsjYk)
<center>![MSPPAL-GIF-BANNER.gif](https://steemitimages.com/DQmXa8j8en4KugjsKENaG21om7CgAcBwz4QpjCrz1451XZg/MSPPAL-GIF-BANNER.gif)</center>

Special Thanks to @minnowsupport Team namely @aggroed, @swelker101, @sammosk, @kubbyelizabeth, @nlizotte, @r0nd0n, @sircork, @gmuxx, @crimsonclad, @rhondak, @banjo, @msp-lovebot, @followbtcnews, @someguy123, @ausbitbank, @discordiant, @venuspcs, @tayken, @lances, @drakos, and MANY more. If I missed your name, I apologize, but the team is getting so large!

#### <center>Ancient Proverd : @aggroed</center>
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---


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---

👍 randowhale, booster, adsactly, pharesim, minnowsupport, tinashe, randowhalebonus, ajaub1962, elyaque, holoz0r, pheonike, cheftony, thesloth, lisanyamadzawo, lastminuteman, weetamoo, i-president, driafrica, steemprentice, venuspcs, pardonmadusise, adrianborgo, ebargains, hwesa, libertyzvidzai, stephen.king989, seckorama, joe.nobel, wahyue, raymondspeaks, ogochukwu, mhangami, chidochashe, shellyduncan, verengai, shawnfishbit, smachiridza, pusteblume, diana.catherine, jhermanbeans, gindor, marxrab, pomperipossa, swtcamito, randowhaletrail, bluchr, badastroza, edrivegom, mhel, aarellanes, marcusxman, markfitzgerald, n1kofi, dineroconopcion, starrkravenmaf, cloh76, benjamin.still, germanaure, rycharde, cryptohustler, animus, loreennaa, natra, onejoe, and 31 others

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@banjo · Jul 28 '17

<p>Ok if you ignore me like that I will have to leave.</p>

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@banjo · Jul 28 '17

<p>The Wizard of Oz is a simple story told by you simple humans.</p>

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@banjo · Jul 28 '17

<p>It's not 'simultanousesly.' It's spelled 'simultaneously.'.</p>

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@randowhale · Jul 28 '17

This post received a 4.9% upvote from @randowhale thanks to @tinashe!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

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@seckorama · Jul 28 '17

$0.03

good post, thank you.

👍 tinashe

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@tinashe · Jul 28 '17

Thank you

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@hrsagar · Jul 28 '17

$0.53

nice post

👍 pharesim, minnowsupport, promoted, efrageek

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@tinashe · Jul 28 '17

Thanky u

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@minnowsupport · Aug 2 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Irina from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.</p>

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@minnowsupport · Jul 28 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Tinashe from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.</p>

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@booster · Jul 28 '17

<p>This post has received a 1.21 % upvote from @booster thanks to: @tinashe.</p>

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@swtcamito · Jul 28 '17

nice post

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@joe.nobel · Jul 28 '17 (edited)

$0.09

Great post.  I upvoted you. Here are some of my own thoughts...
<ul>
<li>
Dash has a good chance of being "the" coin in the future. I can't wait to see their Evolution Wallet, a wallet your mother could use.</li>
<li>Bitcoin needs to solve the problem of miners being the only ones with financial incentive and voting power. Full nodes need to be financially compensated and have voting power as well. The miners interests are no longer aligned with the general Bitcoin community. </li>
<li>Confirmations take too long in Bitcoin. It doesn't work like cash, insofar as the receiver needs to wait upward of hours or days to receive confirmation. Confirmations need instant confirmation. </li>
<li>Block rewards need to go not only to miners, but master nodes and developers as well. Developers need to be rewarded or they'll end up being in the pockets of big corporations.</li>
<li> Bitcoin transaction fees are way way way too high. Transaction fees need to be so low as to not even be noticed. BTC fees have doubled every year since ...</li>

</ul>
Let me know if you agree, or if I'm off base.
Follow me, @joe.nobel
writer, amateur crypto enthusiast

👍 tinashe, joe.nobel

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@tinashe · Jul 28 '17

followed and upvoted
![clapping.gif](https://steemitimages.com/DQmWrG2fdWgocFjHb3pLzMkpvy3gAwDzpLwg7rAXcrmiVBx/clapping.gif)

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@tinashe · Jul 28 '17

## FOLLOWED

![folow.png](https://steemitimages.com/DQmPXZnF7dMmYxqkBf9CznxfxVq3KE12mWEE5BE4Hs1HNb4/folow.png)

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@joe.nobel · Jul 30 '17

Thank you, be well.

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@carlosgarcia · Jul 28 '17

steemmerch.com 
Check the steemmerch.com store it the number store for Everything Steemit.
link 

http://steemmerch.com?rfsn=679429.0b3f8

<iframe width="560" height="315" src="https://www.youtube.com/embed/0h0eAkCsoIQ" frameborder="0" allowfullscreen></iframe>

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@pardonmadusise · Jul 28 '17

awesome

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