/biz/ - Business & Finance

>>29896384
Do you mean the quantum computer will be done in 2 months ?

Or when it is completed it will take 2 months of guessing to brute force it?

Do you think Google, Apple, or Microsoft have the most efficient services or "best" products? Of course not, there are many other Tech companies that produce products that are "better" in a variety of ways. So why are these companies so big? Here's the blackest pill in all of the "Tech World", as long as you were first, as long as you have the largest network, and most importantly, as long as you have the best name. "Bitcoin" was the first, it's the biggest, and it has the best name; sorry Ethfags and Linktards, it's unfortunately that simple to understand, and it is the reason you cannot overtake Bitcoin, stop wasting time, and start buying literal digital gold, the scarcest value ever created.

https://blog.coinbase.com/what-will-happen-to-cryptocurrency-in-the-2020s-d93746744a8f
>1. Scalability, Just like broadband replacing 56k modems led to many new applications on the internet (YouTube, Uber, etc), I believe scalability is a pre-requisite for the utility phase of crypto to really get going.
>2. Privacy, Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a “privacy coin” or blockchain with built in privacy features get mainstream adoption in the 2020s.
>3. Consolidation, There will be as many tokens as there are companies/open source projects/DAOs/charities in the world (so millions) but only a handful of chains will power the underlying infrastructure for these.
>4. From trading to utility, We’ve already started to see the beginnings of this trend, with more customers doing non-trading activity (staking, borrow/lend/margin, debit cards, earn, commerce, etc).
>5. The rise of the crypto startup, The next 100M people who get exposure to cryptocurrency will not come from them caring about cryptocurrency, but because they are trying to play some game, use a decentralized social network, or earn a living, and using cryptocurrency is the only way to use that particular application.
>6. Emerging markets, This indicates that [fungibility] started to cross a threshold of usability in emerging markets (where unreliable internet, older smartphones, and a lack of education can be challenges).
>7. Institutions, We’ve already started to see small institutions enter the cryptocurrency space. Hundreds have joined Coinbase Custody in the past 18 months.

Interesting read. The two earliest people who worked with Satoshi Nakamoto directly (other than the deceased Hal Finney): Ray Dillinger (did code review) and Martti Malmi (did front-end stuff).

Ray:
https://www.linkedin.com/pulse/id-known-what-we-were-starting-ray-dillinger
https://www.ofnumbers.com/2018/10/01/interview-with-ray-dillinger/

Martti:
https://www.theverge.com/2015/6/10/8751933/the-shy-college-student-who-helped-build-bitcoin-into-a-global