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RE: Cryptocurrency 2.0 Like STEEM Is Going To Make Early Adopters Rich

in #steem7 years ago

I am sure Google is looking into it @m-ssed-t.

The challenge these corporations have is that they are owned by Wall Street. Hence, giving up the profits that come with blockchain isnt going to sit well with the Street. Sure they could set up a system they control and profit from, but what is the point....they already do that.

I just do not see the idea that these corporations give up all that money. They might do it and throw people a bone (earn 1/1000 of a cent for each search but, again, that effectively changes nothing.

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Yeah, I agree. I think a lot of big players will be disrupted, and some put out of business by blockchain tech, but I think Google, Amazon and Facebook are too smart & savvy. I don't know how, and I've not given it much thought, but I'm sure they'll be looking at ways to adapt.

Amazon will take crypto payments at some point, but I'm sure they'll be looking at how to reduce the risk of blockchain, or will join the party in some way. Same for Google. They know it's here, they know it's threat and they'll have something up their sleeves to adapt to the new environment, I'm sure.

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