Since the massive gains of iota in the last few days everyone wants to "invest" in it. The problem is, that most of the people don´t have any clue what it is.
So please.... never "invest" in something, you don´t understand. If you wanna trade it, ok that´s fine...but trading ist not investing. That doesn´t mean you shouldn´t invest in it (i am also an iota-investor) but make your homework first and try to understand it.
Here are some useful links, that will help you to get a better picture of iota and the technology behind it:
https://iota.org/IOTA_Whitepaper.pdf
"Investing" in something you do not understand will cause you to lose money!
IOTA now really seems to be the next big thing. Personally I really like the idea behind it (especially because it fixes two main issues that crypto currencies have: transaction fees and scalability).
The only thing I'm wondering about is, whether the quite specialised focus of IOTA might keep it from becoming mainstream.
I looked a little into IOTA and what it is, and it does sound interesting and with the videos here it seems promising in terms of usability. I just always keep in the back of my head the risk of how it may be used in ways we are not told. And as it includes the concept of the internet of things is a little suspisious there.
As i dont really support the notion of every device being connected to an internet of things. Device then including all from a tablet to a watch to a toaster.
Yes you are right. In terms of usability and scalability it is a very promising solution. Of course there will be many legal and ethical questions concerning the m2m communication especially in combination with artificial intelligence. But in my opinion iot is the future (with all the possible risks).
Well said my friend
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