“Anything that can conceive of as a supply chain, blockchain can vastly improve its efficiency- it doesn’t matter if its people, numbers, data, money.” -Ginni Rometty, CEO IBM
Cryptocurrency has changed the world as we know it . Blockchain breakthroughs have brought wealth, and financial stability to emerging and developing markets across the globe. You can use your crypto to fund schools in Africa, and you soon will be able to buy a Tesla with the crypto currency directly from Tesla! I mention the direct piece because you can exchange crypto for all kinds of services using third party processing companies, but there are few places you can spend your crypto without a middle man. That’s probably the coolest thing about using crypto currency; you don’t need a middle man to make a transaction, just two parties and voluntary exchange. That middle man part is it’s own subject for a different day, and we will get there soon.
ETH, And BTC have become more mainstream, and businesses are starting to see the benefits to taking crypto as payment. You can book flights, and there has been a dectrealzied home sharing project that had some major success. There are so many bug names in business that see how big the crypto market is becoming and are accepting these new currencies as payment. You can go to OverStock.com and make purchases using BTC and other crypto. Home Depot accepts BTC at the register in store! Newegg.com, and several other realtors are on the boat of accepting crypto! The innovations are happening, new companies are waking up to this opportunity every day and
Crypto is this the topic for this week’s podcast, and will be our continued topic for the week. We love feedback, and appreciate everyone who comes onto the site. We hope you are as excited as us to be able to spend money without needing a bank involved in the whole transaction. Digital currency will explode with use capabilities over the next 5-10 years as we are in the midst of the tidal wave of blockchain technology crashing into the mainstream.
