China Cryptocurrency Ban

[Wildreamz]

Blockchain is just another database platform, the technology is not new, just getting improved upon. IF it gets more widespread use, it may make things in the economy run more efficiently and probably benefit the taxman. That's about it. 

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The reason why Blockchain get's people excited is not just because it gets certain things done quicker, and more securely (it does). The biggest game changer is allowing value to be transmitted across the internet, without intermediaries. Which is why many people calls it Internet 2.0, the Internet of Value etc.

For example, for the most part, Uber basically is just a platform provider that adds 25% friction cost to every transaction on the platform. What if all frictions like this are removed and return to the consumer and the service providers (driver, transaction verifiers, software developers etc.) automatically and fairly?

Think about it.