SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (2682)6/30/2019 5:13:51 AM
From: elmatador  Read Replies (2) | Respond to of 13801
 
Money is just a unit of measurement.
Like Kelvin Celsius or Fahrenheit.

There are costs in closing transactions.

Any means that lower the closing transactions will win in the end.

There are business models that do not exist today due to prohibitive costs of closing transactions.

As o correctly posted, if it is inefficient, it would not take off.
I see Blockchain technology as the combustion engine circa 1880.

Then it improved with:

Modern alloys, electrical systems, better lubricants etc etc