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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (12521)12/15/2021 4:56:45 PM
From: w0z  Read Replies (1) | Respond to of 26631
 
The same commission reduction is due in lots of other industries. Bring it on!


True. Even disruptors like AirBnB, Uber, etc will themselves be disrupted by blockchain. Trust will be guaranteed by blockchain and transactions will be directly peer-to-peer. Some industries like music will change dramatically, with intermediaries (who now skim 80% of the revenue) disappearing and more going to the artists themselves.