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CryptoCurrency : A Key Feature of ‘Crypto’ – Crypto is not just potentially Money, it is not a clever Database, it is a New Concept, which is Data integrated with Money

CryptoCurrency : A Key Feature of ‘Crypto’ – Crypto is not just potentially Money, it is not a clever Database, it is a New Concept, which is Data integrated with Money


This is how I view why crypto is a thing that wont go away. I have to defend this against older peeps who in some cases are very smart, the office next door has medical epidemiologists and statisticians, with at least one Cambridge mathematician, who give me plenty of flack for talking about crypto.

Crypto is not just a means of setting free 1’s and 0’s to be a means of transaction, with the features that it can be transferred, is scare and relatively fungible, like gold. It is to me, much more even that that, crypto is an entirely novel concept of data services and money integrated into one new concept entirely, one of ‘data-money’. Data with money, to power the movement of data in a new self powered fashion.

So I see it as thing which powers data differently and with lower barrier. Data has never been integrated with money in this way before, and that is transformitive.

To me,this fusion of data and money in one flow is the really transforming thing about crypto, aside from the idea of a new non inflationary currency.

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Author: Smooth_Imagination

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