Be Your Own “X”- Why #blockchain Matters
▻https://hackernoon.com/be-your-own-x-why-blockchain-matters-4f07fe899992?source=rss----3a8144ea
There are three types of folks you’d usually meet on Crypto Twitter.“The blockchain is just an overhyped technology. It’s slow and it sucks”“The blockchain is good for #bitcoin, and nothing else. Everything else is an alt/shitcoin/scam. Also, Satoshi is my lord and savior”“The blockchain is a monumental shift in computing, and we’re just in the beginning”I’m in the third camp, and I’ll tell you why.The market looks fine today, doesn’t it?Blockchain Redefines Data CustodyHave you heard the phrase “Be Your Own Bank”?This phrase pretty much encapsulates the value proposition of Bitcoin: You don’t need banks because you have a decentralized network that enables you to control your own money. You, and no one else.So in essence, we’re talking about a shift of custody.Banks -> You.But what if we look at (...)