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Interesting Tech Markets for 2019

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Re: Interesting Tech Markets for 2019

#91

Post by gfodor »

AareyBaba wrote: post #90
gfodor wrote: post #22

Earlier quoted context omitted.

Why does this floor influence your choice to purchase it over some other commodity to store value (crypto or otherwise?) What do you think that floor even is? (My working assumption right now is gold could lose 99.9% of its value if it was priced based upon it's utility as a metal and not as a culturally agreed upon store of capital.)

Indian households have the largest private gold holdings in the world, standing at an estimated 24,000 metric tons. That figure surpasses the combined official gold reserves of the United States, Germany, Italy, France, China and Russia. So you'll have to convince a billion+ humans that gold is only worth it value as a metal before it loses 99.9% of it's value.

I never claimed to think this will happen, I was stating that the "floor" on gold is very low if it did happen as per the OP.

Re: Interesting Tech Markets for 2019

#92

Post by danmaz74 »

nostrademons wrote: post #37
strgrd wrote: post #3

"I am still quite bullish that a basked of cryptocurrencies will be worth in the trillions within the next 10 years. The primary short term driver for crypto value with be the generational replacement of gold as a store-of-value for a specific subset of the population. The longer term drivers of crypto value will be new forms of programable money and on-chain securities." What subset of the population is going to rep…

There's been this pattern within crypto where each new bubble brings in new people, while the people burned in the last bubble leave in disgust and long-time hodlers from 2 bubbles ago cash out their winnings and do other things with their lives. Many of the most active developers and evangelists from 2011-2013 are doing other stuff now, and the ones that haven't are engaging in juvenile pissing matches with their mi…

Web technologies created immense practical usage value right from the start. The fact that cryptocurrencies will do the same is very, very debatable. For now, the only valuable use case I know of is for illegal activities (ransomware, tax evasion, buying illegal stuff). Which is a sizeable market, but not one which is going to see mass adoption.

Re: Interesting Tech Markets for 2019

#93

Post by kamarg »

tuesdayrain wrote: post #87
kamarg wrote: post #39

Earlier quoted context omitted.

I feel like the recent 51% attack against Etherium shows that seizure and censorship proof isn't strictly true.

Probably less than 0.001% of the population considers ETC to be the "real Ethereum"

That may be the case but don't pretty much all coins have this potential issue?

Re: Interesting Tech Markets for 2019

#94

Post by robla »

lordnacho wrote: post #30

I'm not sure about that "Devsumer" section. IFTTT / Zapier and those are not replacing Accenture as far as I can tell. The thing that makes Accenture a viable business is they can sell large projects to large entities. Things that people generally do not reckon they can fix on their own, like government health websites. There's no way to knit that together with just some common APIs. Yes, ironically Accenture can't e…

It seems to me that tools for creating large scale projects is a big opportunity. Not everyone who creates a "little Rube Goldberg machine" is a hopeless idiot who is pleased with their creation. Some of them will aspire to create bigger, better machines, and will prefer to spend their time trying to build them instead of setting up a meeting with an incumbent salesperson.

Re: Interesting Tech Markets for 2019

#95

Post by donaldknuth123 »

tehjoker wrote: post #29

Ah defense. It's just common sense that we should pour money into the military. We're just out to make money, there's definitely not an entire political viewpoint entangled in this "market opportunity". Those crazy radicals that are against killing pointlessly for imperial gains don't understand the real world. In the real world, we need the military to make the world safe for capital. WW1 was a smashing success, as…

Yes invading peoples minds with perverse advertising systems designed to hijack the primitive reward functions of the brain to expand destructive consumerism is a far more moral way to rob the world. Get off your high horse. See Facebook, Google, Twitter, Amazon, etc..

Re: Interesting Tech Markets for 2019

#96

Post by donaldknuth123 »

tim333 wrote: post #77
avip wrote: post #51

Earlier quoted context omitted.

Nothing in history had prevented more bloodshed than restricted use of force [citation needed?]. In contrast, entities that refuse to use methods of violence (UN, I'm looking at you), consistently fail in peacemaking.

There has been a pretty marked decline in violence and war since the UN was formed in 1945 https://medium.com/future-crunch/the-decline-of-war-8760f9a5... Not all its fault perhaps but the general approach seems to be doing ok

I bet that article is very reassuring to the people in Syria or Yemen. Must warm their hearts.

Re: Interesting Tech Markets for 2019

#97

Post by Red_Pill_Phil »

helen___keller wrote: post #18
strgrd wrote: post #3

"I am still quite bullish that a basked of cryptocurrencies will be worth in the trillions within the next 10 years. The primary short term driver for crypto value with be the generational replacement of gold as a store-of-value for a specific subset of the population. The longer term drivers of crypto value will be new forms of programable money and on-chain securities." What subset of the population is going to rep…

Also given the failures of crypto so far I don't see any evidence that a programmable money/securities revolution would come from crypto. I would bet that a conventional tech company (think a PayPal/Robinhood hybrid) could do it much better.

The whole point of crypto is that its not centralized. Your argument has little merit.

Re: Interesting Tech Markets for 2019

#98

Post by helen___keller »

Red_Pill_Phil wrote: post #97
helen___keller wrote: post #18

Earlier quoted context omitted.

Also given the failures of crypto so far I don't see any evidence that a programmable money/securities revolution would come from crypto. I would bet that a conventional tech company (think a PayPal/Robinhood hybrid) could do it much better.

The whole point of crypto is that its not centralized. Your argument has little merit.

Why must programmable securities/money be decentralized?
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