This is another interesting announcement just in https://cointelegraph.com/news/financial-institutions-in-a-race-who-will-bring-crypto-trading-to-the-fiat-masses-first it would now appear that the financial big boys are in a race to make crypto mainstream!
Posts made by CryptoChica
I liked this news story https://cointelegraph.com/news/de-beers-tracks-diamonds-with-blockchain-for-the-first-time - De Beers who basically control the world's diamond industry has developed a blockchain application Tracr. I think it is significant that such an establishment company as De Beers who represent this industry, are embracing blockchain.
These kind of stories are coming thick and fast now - all adding to the respectability of blockchain.
One of the interesting aspects about blockchain and cryptocurrencies for me, is monitoring how it is covered in the mainstream media. Currently, most of the reaction to crypto can be pretty negative – both Bill Gates and Warren Buffett are both very high profile names that have come out strongly against cryptocurrency as a concept. On the other hand, we have had a flurry of reports about leading brands, notably Amazon, who have been buying up crypto/blockchain related domains since the end of 2017, and are widely predicted to start accepting crypto payments soon.
Some mainstream business publications are reporting the growing strength of the market, including this https://www.businesswire.com/news/home/20180108005999/en/Global-Blockchain-Market-2017-2022---Focus-Payments from Business Wire which is a Berkshire Hathaway company (oh yes, that one that Warren Buffett owns). However, there a fair few business and tech journos who have a blanket ban on writing anything about blockchain/crypto.
A lot of the specialist crypto/blockchain titles are serving the eager and growing band of people who are interested in it, but if you ask your average businessman, or traditional CFO, they either glaze over or come out with a very negative opinion. Likewise, very few if any of these titles are included in the main global media databases which are used by PR people (these are the people that feed the majority of information to the journalists). It’s like crypto/blockchain is operating in a separate sphere?
Is that all going to change in 2018? A slew of mainstream retailers are predicted to start accepting crypto this year, McDonalds amongst them. I personally think that if Amazon starts accepting it, then that will be the tipping point. Facebook too are rumoured to be amongst the high profile names as well.
I am pretty confident that things are about to change. What do you think?
@Flodner I think just because you probably won't get caught, it doesn't mean that you shouldn't behave in a professional and ethical manner. As this market matures a little, I think the cream will rise to the top, and those that act within accepted boundaries are the ones who will probably succeed in the long-term. Having said that, breaking away from accepted norms is one of the things that is quite refreshing about this sector
A question for @admin really, are we ok to actually recommend ICOs that we're interested in, and say what we like about them to try to persuade each other?
I know some forums are very rigid about this because I think they are worried about the platform itself being seen to endorse something, but, I hope with a forum like this it can be OK for us to suggest things to each other,
Maybe the rule should be, you have to declare if you are invested already, or anything to do with the advisory team?
For me it sounds really exciting, because of the chance to actually own a bit of the exchange itself and earn dividends from it.
I have been looking at ways that it could be possible to earn a passive income from crypto ,and until there are better fund products, it's hard to find one. But I like the idea of the dividends for token holders here https://www.localcoinswap.com/
Let me know what you think