If you haven’t heard of the blockchain yet, you’ve been living under a rock.
In the last 10 years, the blockchain and its first application, Bitcoin, have grown tremendously.
At publication, CoinMarketCap.com lists the entire cryptocurrency market cap at over $100 billion dollars which is a lot but not nearly as much as it could be if you consider that some of the world’s wealthiest individuals are nearing that number in personal net worth.
Sure, Bitcoin has been around for almost a decade at this point but most of the development which has led to the increase in value has only happened over the last couple years. The infrastructure is growing and evolving and we’re still just at the beginning.
I can hardly control my excitement while writing this.
The ramifications these developments will have on trade, finance, and the exchange of money between people will change the world as we know it.
Companies are launching coin offerings that are earning hundreds of millions of dollars in a matter of days.
The blockchain will change the way governments are run, the way people receive benefits from their governments, and even the way collect taxes.
The Republic of Georgia is already securing titles to property on the blockchain and it won’t be long before others follow suit.
Even Goldman Sachs is release pricing guidelines and forecasts for cryptocurrency in an attempt to try to keep up with the changing environment.
The learning curve is large and it’s taken close to a decade to truly wake the world up to the true potential of this technology.I for one have known about bitcoin and the blockchain since 2013 but I largely neglected it while I kept
I for one have known about bitcoin and the blockchain since 2013 but I largely neglected it while I kept a single-minded focus on growing my VPN startup.
It wasn’t until I exited from that company at the beginning of this year that I was really able to dive head first into the possibilities of the blockchain.
Just imagine what the world will look like 10 years from now. This is the thought that has been keeping me up at night. Not out of fear though but out of excitement for the possibilities created by a world powered by the blockchain.
When we started Fried.com we set out to blog about online privacy, VPN’s and, technology in general. Up until this point, we’ve failed to write about or even mention the blockchain. That stops today.
The blockchain isn’t a fad and it isn’t going anywhere. It will revolutionize entire industries, it will create innovative new companies, countless new jobs, and change the way our governments operate.
For these reasons and many more, we’re shifting our focus to cover these developments and monitor how the world around us is changing as a result.
While I have no idea what these developments will mean for Fried.com and for me personally, I’m excited to document, follow, and report on the future of the blockchain for you, our readers.
Thanks for supporting us and I’m excited to be on this journey with you.