Approaching Cryptocurrency With A New Mindset

in Threespeak - OLD4 years ago (edited)

▶️ Watch on 3Speak


This is unlike anything we ever saw. If you asked most people in the late 1980s what a computer would look like in 20 years, few would have described the smartphone.

There are two was things advance. The first is new iterations of what is known. We take some and add to it (+1ing). This is how most advancement takes place.

The second way is boring down to the core and getting to the basis of that thing. From there, when the parts are spread all over the table like legos, they can be reassembled in a manner creating something entirely new.

This is often how major innovations are done. For example, self replicating bricks being used in construction is not an new iteration but a brand new technology.


▶️ 3Speak

Sort:  

Is necessary that people understand the advantages of use cryptocurrencies, but I think there are multiple steps before that, one of those things that we can do is design intuitive applications with a good user experience. With that point cryptocurriens will grow up. I think on the new steem design and I see a great future. Thanks for your article, very interesting.

Great video and to drill down to the core components and find a new innovative way that we can create something wonderful and spread it to the world.

the video is informative and interesting...

Posted via Steemleo

Hi @taskmaster4450!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.172 which ranks you at #266 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 95 contributions, your post is ranked at #3. Congratulations!

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

Summary:
Task discussed the evolution of technology in various industries, emphasizing the importance of looking beyond incremental advancements to discover revolutionary concepts. He highlighted how cryptocurrency stands out as a groundbreaking innovation, unlike traditional technological progressions. Task drew parallels with past disruptive technologies like smartphones and Google, indicating the potential for cryptocurrencies to redefine various sectors. He shed light on the need for innovative thinking to unlock the full potential of blockchain and cryptocurrency, urging individuals to explore unconventional ideas and integrate diverse components to create transformative solutions.

Detailed article:
In this video, Task delved into the concept of technological evolution and how it often follows a pattern of incremental improvements, referred to as "the same thing plus one." He used examples like the transition from a PC to a laptop to illustrate this concept in familiar industries such as computing, automobiles, and entertainment. However, he distinguished cryptocurrency from this pattern, highlighting it as a truly groundbreaking idea that defies easy comparison. Task emphasized that decentralized digital money fundamentally alters traditional financial structures, challenging people's conventional reference points.

Task discussed the transformative potential of cryptocurrencies, predicting that the industry is on the cusp of witnessing novel ideas that could reshape its core foundations. He drew parallels to past disruptive technologies like Google, illustrating how innovations in one sector can have far-reaching effects on others. Task emphasized the need for interdisciplinary thinking, suggesting that breaking down industries to their core components and reassembling them in innovative ways could lead to groundbreaking solutions.

Furthermore, Task touched on the evolution of cryptocurrency from Bitcoin (cryptocurrency 1.0) to potential advancements like NFTs, hinting at the emergence of cryptocurrency 2.0 and beyond. He highlighted the importance of exploring unconventional ideas and pushing boundaries to uncover the next "killer app" in the cryptocurrency space. Task drew parallels between past technological advancements like automobiles and airplanes to emphasize that true innovation involves radical shifts rather than mere upgrades.

Task also emphasized the need for forward-thinking and creative problem-solving in the cryptocurrency and blockchain space. He encouraged viewers to question existing paradigms, understand the core components of successful technologies like Facebook, and explore ways to enhance user experiences and benefits. Additionally, Task hinted at the potential for gamification and virtual elements to play a significant role in the future of cryptocurrency and blockchain technology.

In conclusion, Task's discussion underscored the need for a paradigm shift in approaching cryptocurrency and blockchain innovation. By encouraging outside-the-box thinking, interdisciplinary collaboration, and a focus on revolutionary concepts, he painted a picture of a future where disruptive technologies redefine traditional industries and shape a new era of innovation and transformation.

been a great cryptocurrency trader starts with the mindset we have towards the market,if a person sees it as a get rich quick scheme then such person might get burned,but if such person sees it as a type of financial product which is good for investment and that he or she needs to be really educated about how the market works then such person can become a successful crypto trader...

Posted via Steemleo