$100,000 Blockchain Investment Challenge

Yes, a lot of exciting new options for casual gamers, and even blockchain-based endless runners!

 

BUYER BEWARE.... I find the following problematic with any crytocurrency: "Japan-based Coincheck, one of the largest cryptocurrency exchanges in Japan, was infiltrated on January 26, resulting in the loss of $534 million in XEM, the native cryptocurrency of NEM."

 

Yeah this is a serious problem which hopefully will be considerably mitigated by decentralized exchanges.

 

wrong, it is a problem for the irresponsible. If you leave your money on an exchange, you still havent learned your lesson. Exchange are just another form of a bank. Cryptocurrency is meant to be decentralized..... using an exchange is counter intuitive to the entire concept...

and a decentralized exchange.... NOW THAT IS SOMETHING TO WISH FOR.... the only one ive ever heard of is NVO and they run on the MAIDSAFE platform that isnt even released yet. You wont be seeing *decentralized* exchanges for quite a while. Regardless, crypto is meant to train humans to be more responsible and less "sheeplike" by HOLDIN ON TO YOUR OWN GOD DAMN KEYS!!!!!!!!!!!! DONT LEAVE YOUR MONEY ON A GOD DAMN EXCHANGE!!!

 

Yes it's obviously better to control one's own keys and keep anything significant in a hardware wallet or cold storage.

Nevertheless, a number of DEX will be coming online this year, with even more to come in the future. And they will mitigate a lot of these problems.

These centralized exchanges are the pits, and not just for security reasons as I'm sure you know.

But exchanges are for... Exchanging... Not for long term storage. So yeah a fool and his money are easily separated.

Blockchain changes nothing about that. Blockchain tech can just as well be used to implement yet another layer of control and domination onto people who refuse to take responsibility for their own lives.

 

It is the converse of gamifying work, which blockchain tech can help enable as well.

It wouldn't be for everybody, but for players who are choosing to put in 40+ hours per week into a game, they will be able to tokenize what they acquire in game, and then transfer that value to another game or cash out for fiat currencies.

Players who want to continue working a full-time job, and then spend their hard-earned money PLUS another 40+ hours a week playing a game and acquiring digital items that only have value within the context of that one game, will still be able to do that, I'm sure.