[mkirklions]

Id seriously take the time to research blockchain technology.

I'm huge fan of Bitcoin as a worldwide store of value. I dont know if altcoins have much purpose.

Blockchain enables decentralized verification. This means you have ~7 computers that all agree that data that was submitted was real.

This makes sense for currency, voting, and timestamps. I dont know if it makes sense for things like:

>Social Media

>Medical Records

>Logistics(because garbage in garbage out)

>video games

>videos/media

Because why would facebook lie about your 4th of july photos? Why would steam lie about your saved game?

If they did, people might pay 7 computers to signoff on data. This is expensive and time consuming.

If I have a bad understanding of the potentials of blockchain, someone please correct me, I'd rather be correct than wrong. I have been working on my own finance tech and I decided against blockchain for the expenses described.