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what do you think of Cryptocurrency/Blockchain/NFT?

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what do you think of Cryptocurrency/Blockchain/NFT?

India sanjay Online
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#7
01-24-2022, 09:49 AM ( This post was last modified: 01-24-2022, 09:49 AM by sanjay )

Look like the person is talking extreme examples of worst case scenario. I agree what is saying, but no in all case.

Developers are still working on other Consensus algorithm. There are many other consensus that need to be tested beside the PoS and PoW.

You can send cross border money without pay hefty fees. You will be able to lend and borrow money without big assets. Off course there will be exploiters who will take advantage of this newly developing tech, but with the time it will grow stronger.

NFT is big relief for the artist and creators. They will be able to get rid of piracy and will be able to earn for their art and work. As of now Ethereum network fees is making it expensive and people are looking better alternative, but with time it will have better solutions.

I am total Fan of the Blockchain Technology and believe it have many goods to offer than its bad. As of now its emerging Tech and has its own flaws so it will have some degree of problem in adaptability.
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RE: what do you think of Cryptocurrency/Blockchain/NFT? - sanjay - 01-24-2022, 09:49 AM



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