/biz/ - Business & Finance

In 1876 economists and mathematicians theorised the existence of a economic-ecosystem that had reached a form of transcendence - creating an endless positive feedback loop. They proposed that such a system entering this state would begin what they called the Golden Bull Run. Various mathematical models were created to show what this Golden Bull Run would look like.
Through my PhD research I believe cryptocurrency may be entering the early stages of a Golden Bull Run. In this stage early investors could potentially earn an endless supply of wealth - as the system generates tangible wealth rather than just moving it around.
Economists believed that the slow nature of the stock market meant that harmful players could sabotage the emergence of the Golden Bull Run before it could get started. However it looks like the extremely fast paced nature of cryptocurrency means it is not susceptible to these types of attacks.
If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent.

>>49960171
i don’t understand, either. “achieving consensus“ just means that all nodes settle on *a* value. It doesn’t mean they settle on the *right* value. There is even an incentive to do the former at the expense of the latter.
I really don’t think there is a solution to this problem in the general sense. Any bridge between the blockchain and the real world must come in the form of narrower guarantees about objects for which some degree of cryptographic trust already exists. Which basically amounts to aggregating signatures. Which any L1 worth its salt provides natively. Which means neither the token, nor the network, are needed. Sorry, stinkies.

>>24218954
>10-20 milions link
I guess I need to start doing this fat fuck some favors