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BCHABC Hardfork: Why Had Split Happened & Why BCH failed to replace BTC ?
December 7, 2020
Bitcoin adoption continues
December 7, 2020
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Understand the Future by Questioning the Present

Published by Aeon Flux on December 7, 2020
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Recently I did a private webinar on security tokens, crypto assets, and the Infinite Fleet MMO game we are developing, and a question from the audience prompted a small lightbulb moment, which led to me writing this short essay.A struggle of working in such a novel industry like crypto is that often times, it is challenging to pitch our vision and ideas to audiences who are not familiar with this space. In a way, it is akin to explaining a chemical reaction to a non-chemist who is completely unfamiliar with the periodic table of elements. As a novel industry (~10 years), there are many requisites to understanding where value propositions lie within the crypto space and the technologies associated. This has often led me to scratching my head asking myself, “how can we explain things better to people?”During our recent webinar, someone in the audience remarked how a technology like Bitcoin seemed so irrelevant and difficult to grasp 10 years ago, yet is now becoming a mainstay of our world. The remark was addressed with a succinct but fantastic answer by the webinar host, Yulgan Lira (CEO of Colb). Lira said,“when trying to understand a new technology, you can always start by looking at the problems and inefficiencies within the current system.”A simple statement, yet it really made things click.Instead of trying to explain why Bitcoin will save the world and why tokenized securities offer many benefits for investors and issuers alike, perhaps we should ask people — are you 100% happy with the current options at your disposal?In most cases, the answer is no. This is not saying all existing systems are bad — it’s more a case of humans being hedonistically innovative creatures that always try to find ways of doing things which are better and more time-…

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