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RE: Well, that escalated quickly to an ATH

in LeoFinance4 years ago

It's been postulated by Kurzweil and others that at some point, as information technology accelerates to a sufficient level, that from the human perspective, it will become impossible to keep track of or eventually even to observe what's changing with any clarity. Are we in the hip of that exponential growth curve of technology right now? Maybe. Being a parent and co-manager of my household, I could probably spend more time on this space and keep track of it better than I do currently, but I imagine your typical normie would feel like their head is spinning if they tried to get up to speed on all the applications that blockchain tech is being used for right now. I think on some level we're probably in a flurry of activity that, just like the prices of cryptos this year, will die down at some point, but I do believe we're getting to a point in the near future where those theories on the exponential growth of technology will either be vindicated by empirical observation or disproved through the same. Bitcoin and all of its child projects seem like they could be one of those pieces of empirical evidence that show us which way it goes.

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but I imagine your typical normie would feel like their head is spinning

When I got in originally, it took me many months to start to understand how things fit together. Now, I feel like I am there again :)

I think that with the pace at which the traditional industries are looking to adopt, it is like the adoption of the internet in the 90s. soon, the real hockey-sticking of industry innovation will start.