What background do you currently have in this field?

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bocasubi

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03/02/18

12:43

Post #: 30792694
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Originally posted by Kristian333 ↑

Hi guys,

I find your enthusiasm about blockchain amazing. Good on you.

While you mentioning "THIS YEAR". Just wonder if you are aware that blockchain exists for more than 10 years. The only application where it has been widely used commercially are cryptocurrencies.

No other application, yet. For this to happen the security needs to be up to scratch. It currently is not.

(20% of all cryptocurrencies have so far been stolen since inception. The last $400Mill heist just a couple of weeks ago.)

Until then a lot of money has to be invested and it has to be tested to be 100% secure. No international business puts any data on blockchain if there is a risk that the data is compromised.

Come on, be reasonable ...actually you do not need to. It is your money at stake.

I wish I would be wrong, but from my research so far this is what I found.

The cheerleaders here have not shown me any detailed example of a profitable application of blockchain outside cryptocurrencies.

Read through the posts here and on other blockchain threads (Also on other threads). First the hype, then the hope and finally the blame game.

I hate to say, but I told you so weeks ago when I looked at investing into OOK and were laughed at (Check Graphite101 comments).

Anyway. Have a great weekend everyone.

K

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What background do you currently have in this field?

Last edited by bocasubi: 03/02/18

OOK Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
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What background do you currently have in this field?

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!