Billionaires Adopting Blockchain Tech and Why It Matters!
I read a really interesting article on ETHNEWS today.
You might be wondering, "Why do I care what a billionaire does with his or her money? How does it effect me?"
Well... there are a few ways it effects you.
- Mass adoption requires forms of celebrities to accept platforms and market them to the masses. Billionaires are, in their own right, celebrities. If I say the name Mark Cuban, you automatically know who I'm referring to.
- If a billionaire is investing their money into something, it's probably a good idea to also put your money into it. Guess what? Smart investors don't invest in stupid things. Ever seen shark tank?
- When a billionaire adds their funds to a market, that market sees an instantaneous growth. The more money put in, the higher the market cap. Simple math.
- Billionaires attract other wealthy investors. When a billionaire invests in something, it's like a stamp of approval for other large investors to do the same.
I highly encourage you to read this article and soak in these names and associated projects. It will be incredibly interesting to see where these specific projects are in five to ten years.
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Cheers,
@clayford08
that's a big reason why i'm banking on steemit a bit, if some "Justin beiber" type of celeb realizes they could a lot of money on steemit they are bound to show up... which u know.. =$$ for all of us
Yes, once celebrities and famous people start accepting and using cryptocurrency, there will be mass adoption of digital currency. Then the value of them will skyrocket :) yay :)
Absolutely. That's what we're all hoping for, at least!