Blockchain, Crypto & Beyond

Back in Sept 2018, I was on the stage at BT Tower in London making a prediction that Blockchain would be a $1 Trillion opportunity. Little did I know...

I think it is important to reflect on both sides of the argument and I was lucky to have Professor Michael Mainelli lead the discussion. Recently here in Bermuda, I held a session for our entrepreneurs and community leaders with a local expert; Alex Marshall. It is amazing to see how much has changed and yet some key messages remain. So, I thought I would summarise for you:

• Blockchains are distributed ledgers that enable disintermediation. 
• Crypto is only One app. Imagine the Blockchain was your smartphone 10 years ago. How many apps have you now?
• Dollars and Pounds could become an AltCoin
• Democratic potential comes from the ability of anyone to have access to any asset class.
• If 40% of all dollars in existence were created in the last year - what is your dollar worth now?
• Bitcoin has a max cap for availability. 
• Blockchain will eat all value by 2030. 
• Smart contracts will make business an IF-THEN world. 
• Because anything can be Tokenised - does not mean you should or will create sustainable value.
• Scarcity can only support the greater fool paradigm for the top story assets. Invest if you can and avoid tribalism. Even putting $100 on a digital wallet and get ready for digital transformation. (Not investment advice - educational)

For those wishing to watch the presentation at BT Tower - here is the link: https://youtu.be/UoEuCYV0ICo