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      "title": "Cryptocurrency market will see crash and then consolidation, Ethereum co-founder says",
      "body": "Charles Hoskinson , co-founder of Ethereum awho currently runs blockchain research firm IOHK (https://iohk.io/) thinks the cryptocurrency market will strengthen after bitcoin alternatives that lack substance have failed. \n\nWhy?\n\n\"What's going to occur is a lot of these ventures that don't have strong fundamentals, don't have good tech, or just unrealistic projects, they will eventually run into some major wall they can't quite overcome. They will fracture up and you will see a lot of them are certain to fail.\"\n\nProjects like ethereum are likely to survive any potential crash because the foundation of the technology is itself valuable.\n\nBut what I think gets overlooked is the ability to withstand regulation, which I believe a project like Ethereum can do.\n\nYes, I know. Regulation is the dirty word in crypto that no one likes to talk about. The whole purpose behind the birth of cryptocurrencies was to avoid regulation. However, I think that type of thinking is naive. It is naive to assume that a whole new industry, worth billions of dollars, won't attract attention in the form of regulations of some kind. If it's not bank-backed regulations like with traditional currencies, some sort of consumer protection would be needed, for example (just think about all the stolen and lost crypto stories you've heard about on what seems like a daily basis).\n\nI don't believe that cryptocurrencies can remain completely unregulated forever. It's a matter of when, not if. Better to prepare for the worst than hope for the best and act as it the best is what is going to happen.\n\n\n\n\n\nLink: https://www.cnbc.com/2018/01/09/cryptocurrency-market-crash-consolidation-ethereum-co-founder.html",
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      "author": "mmilos01",
      "permlink": "re-rynow-re-serioustruth-buddhism-20180108t205503782z",
      "title": "",
      "body": "Hi @rynow,\n\nI wanted to elaborate on your comment about atheism and hopefully engage in a discussion. I found a good article that might help explain the relationship between Buddhism and the belief in God. Here is the excerpt, link below:\n\n\"If atheism is the absence of belief in a God or gods, then many Buddhists are, indeed, atheists.\n\nBuddhism is not about either believing or not believing in God or gods. Rather, the historical Buddha taught that believing in gods was not useful for those seeking to realize enlightenment. In other words, God is unnecessary in Buddhism, as this is a practical religion and philosophy that emphasizes practical results over faith in beliefs or deities.\n\nFor this reason, Buddhism is more accurately called nontheistic rather than atheistic.\"\nLink: https://www.thoughtco.com/atheism-and-devotion-in-buddhism-449718\n\n\nSo it's not that Buddhists do or do not believe in God, but rather, they do not see it as a necessary precondition for achieving lasting peace. Buddhism does not focus on any sort of deity as a result. So while you are correct that a Buddhist who doesn't believe in God is an \"atheist\" in the literal sense, the description doesn't necessarily accurately represent Buddhism or its core teachings.\n\nLet me know your thoughts!\nCheers.",
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      "body": "I think it's difficult to speculate on the benefits of blockchain technology for voter turnout. I do believe that the technology has the benefit of increasing transparency and reducing corruption within any sort of electoral system. However, if that will translate to increased voter turnout is a big leap to make.\n\nLet's not forget, voter apathy is a huge issue in a democratic society. If people feel like their vote won't actually matter or change the things they dislike about the current political regime, using blockchain won't solve that problem.\n\nNow, I do think there is an argument to be made that blockchain has the potential to make government bureaucracy more efficient, transparent, and less corrupt. If blockchain were to be used to administer the public health system, for example, leading to reduced inefficiency and waste, then you may down the road see a resurgence in belief in the democratic system for those who choose to sit out.",
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      "permlink": "the-one-leading-cryptocurrency-that-avoided-today-s-nosedive-hint-it-s-not-bitcoin-or-ripple",
      "title": "The ONE leading cryptocurrency that avoided today's nosedive (Hint: It's not bitcoin or ripple)",
      "body": "Link below, but basically ethereum didn't just hold, it actually went up.\n\nGoes to show what happens when the technological foundation underlying a crypto has inherent value aside from just the trading value of the coin.\n\nIs crypto a bubble? Maybe, maybe not. I can't speak to this because I'm not knowledgeable enough in economic theories. But what I can say is that, even if there is a bubble and it eventually \"bursts\", that doesn't mean the entire technology will fail. The dot com crash of the 2000s sure didn't kill e-commerce, now did it? Companies like eBay were founded during that time, and while they did experience a setback, they nevertheless rebounded.\n\nIn a new and volatile industry like blockchain and cryptocurrencies, failures are bound to happen. You just have to hope you've staked your claim in the right tech with the greatest potential to survive. I believe in the utility of ether/ethereum, and news like this reaffirms that belief.\n\nhttps://www.express.co.uk/finance/city/901922/Cryptocurrency-ripple-bitcoin-markets-ethereum\n\n![RippleG-901922.jpg](https://steemitimages.com/DQmcrVpqWhD7K7g7Ayj8mfgAyYYJ6jaWc1cv9QLrqUCnyVV/RippleG-901922.jpg)",
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      "title": "If data is the new oil, are tech companies robbing us blind? - Why Steemit is a leap forward in how tech companies engage with their users",
      "body": "Link: https://www.digitaltrends.com/cool-tech/data-ownership-question/\n\nThis is exactly why something like Steemit is a great concept. It actually monetizes and rewards users for providing insightful content and engaging in the community. Giant tech companies like Google make billions off of how we use the Internet - they track our progress, see what is trending and bring that content to the top for other users. \n\nWith Steemit, at least we as users get something in return besides just curated content. Granted, we all benefit from curated content, but actual monetary rewards are even better. Let's not forget that we users are actively contributing to the effectiveness of the curated content. Google's search algorithm is so effective because it accurately captures how users search for information - and they make billions from the idea.\n\n![sharing-data-between-phones-getty-640x0.jpg](https://steemitimages.com/DQmdjjh8yspE21jSRRN8MGvmnCFuHvbeqHB2wcvcLMZfbTc/sharing-data-between-phones-getty-640x0.jpg)",
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      "permlink": "real-life-application-of-the-potential-of-blockchain-music-producer-uses-ethereum-based-application-tokit-to-raise-usd2-million",
      "title": "Real life application of the potential of blockchain - Music producer uses Ethereum-based application, Tokit, to raise $2 million in 24 hours.",
      "body": "Hey all, I came across this article a while back and thought it presented a real potential to shake up the music industry. \n\nFor decades now, the music industry has been monopolized by the record labels. Gramatik's use of the Ethereum-based, Tokit, shows how musicians can not only take control over their own profits, but also reach fans directly and basically sidestep the record companies. \n\nI personally love this idea. A new technology being used to disrupt an established and antiquated industry, and gives more control back to the creators of work, rather than the facilitators? I'm all in.\n\nHere's the link to the article: http://www.bbc.co.uk/news/42337546\n\n\n![gramatik.jpg](https://steemitimages.com/DQmNm9MQ9RAV9U8Jq2JR1MixYaagZbcxkAgP6kTYLHJk8RS/gramatik.jpg)",
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