You are viewing a single comment's thread from:

RE: The One Question That Will Determine Whether You Make A Ton In Cryptocurrency!!!

in #steem7 years ago

Back in the early 90's I was working in the IT industry. When Windows 3.1 came out Bill Gates said that computer would never need more than a MB of RAM. We laughed at him as applications grew in size, complexity and capacity. Billionaires make mistakes too. I never worship them as the only way they are successful is because they have found ways to influence the markets to their own benefit.

Bill Gates is no angel and he is a ruthless business mogul with no moral foundation to claim sainthood or demand to be worshiped. He has influence because current society values fiat wealth.

Blockchain technology will level the field. He is sad that he cannot short the technology because it is not designed like the stock market. There is no way to short it or bet on whether it will drop or not. The rules changed and even they are falling behind to keep up with the new rules.

Those that change are the ones that will do well.

Sort:  

Very true @wwf.

These guys are often successful as a result of luck more so than hard work or genius. Even one of the guys who started Facebook with Zuckerberg said as much.

People are infatuated with celebrities. It is amazing to see how people take what they say as gospel. Sometimes they are spot on but, often, they miss. Predicting the future is never easy...it makes it more difficult when you have a money dependent upon a particular outcome.