Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by Alex3917 on Sunday June 25, 2017 @09:04PM
(#14633214)
What's valuable isn't the transistor and the internal combustion engine themselves per say, but rather the new networks they enable: rail, roads, informations, etc.
Blockchain is also a new network, and the math for analyzing its value is the same as the math for analyzing the value of any other network. In this case I would say that it's going to be the most valuable new network since the rise of global shipping during the age of sail.
Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by CPLX on Monday June 26, 2017 @09:16AM
(#14636517)
Actually the blockchain might be #4, behind the discovery of the concept of atoms and molecules and the resultant birth of modern chemistry in the 1600's.
Blockchain is also a new network, and the math for analyzing its value is the same as the math for analyzing the value of any other network. In this case I would say that it's going to be the most valuable new network since the rise of global shipping during the age of sail.