Ray Valdes (CTO- ConsenSys) and Kate Mitselmakher (CEO – Bloccelerate VC) have given up their jobs at the well-known technology research company Gartner to join the blockchain movement. The two are no strangers to the blockchain world but experts and don’t just talk about anything therefore. In their opinion, we are still in the beginning and they give 5 predictions of how blockchain technology will shape the world by 2030.
Prediction 1: By 2030, most governments around the world will create or adopt virtual currencies. The state currency of the future will inevitably become a cryptocurrency. Compared to the traditional Fiat alternative, cryptocurrency is more efficient, offers shorter billing times and offers increased traceability.
Prediction 2: By 2030, among the four highest-rated companies in the world (based on stock market valuation), there will be a race over which will be the first $1 trillion in value. By using blockchain technology and their value of tokens, then in the running are Apple, Amazon, Alphabet (Google) and Microsoft.
Prediction 3: By 2030, identity systems as we know them today will be replaced by blockchain-based identity systems. These systems provide a single source for verifying people’s identities and assets.
Prediction 4: By 2030, most of the world’s world trade will be run using blockchain technology. One of the most promising areas is the global supply chain. In its current state, global trade is conducted over a chaotic, fragmented business relationship between parties that are untrustworthy.
Prediction 5: By 2030, significant improvements in the world’s living standards will be due to the development of blockchain technology. Poverty and income discrepancy are arguably the most difficult problems for humanity. More than 10 of the world’s population, more than 750 million people, live on less than $2 a day. Although overall living standards are rising and global GDP is rising, the rich are getting richer and the poor are getting poorer.
Thomas Alva Edison invented the light bulb in 1880
which lasted a full 1200 hours with the help of a filament made of Japanese bamboo. This is the moment when the electric light truly entered people’s daily lives. An astonishing development also took place in 1906, when Edison’s General Electric Company became the first company to officially patent a technique on tungsten thread for light bulbs. And today the whole world is brightly illuminated.
In 1903, the Wright brothers made it
for the first time in the history known to us of successfully launching a manned aircraft. The attempt ended after barely 100 metres, but an incredible breakthrough was achieved. Today, more than 200,000 aircraft fly over our heads every day.
Konrad Zuse succeeded in inventing the Z1 computer in 1936,
which, however, was still full of logical errors. The Z1 was therefore followed by the Z2 and Z3. At the beginning of the 1980s, the technology was finally mature enough to benefit companies and private users. This led to the boom of the IT industry, which is reflected in the numerous company start-ups (Apple, IBM, Microsoft) at that time. Computers are absolutely indispensable these days.
British physicist Tim Berners-Lee
is considered the inventor of the World Wide Web, which he founded in 1990 with the world’s first website. Berners-Lee worked for the European Nuclear Research Laboratory (CERN) in Geneva. There, in 1989, he developed a project that, building on the existing Internet, enabled the worldwide exchange of scientific information through the principle of hypertext. In 1990, the world’s first website went online at the address info.cern.ch. Berners-Lee had inadvertently laid the foundation for a new medium that spread throughout the world at an explosive rate in the following years.
By the end of 2008, the financial crisis was in full swing and felt worldwide.
In September of that year, Lehman Brothers Holdings, then the world’s fourth-largest investment bank, filed for Chapter 11 bankruptcy protection. When the world’s financial infrastructure collapsed, the domain was registered Bitcoin.org. Later in 2008, a person or group under the pseudonym Satoshi Nakamoto published a white paper on Bitcoin on a cryptographic mailing list explaining how the cryptocurrency would work. In early 2009, Nakamoto promoted the first Bitcoin, the so-called Genesis block. Embedded in the programming of this first bitcoin was the text “The Times 03/Jan/2009 Chancellor on the verge of the second bailout for banks”. The text refers to a headline in the British newspaper The Times and is widely regarded as proof of the date on which bitcoin was first mined. The first bitcoin transaction followed soon after, when a bitcoin from Nakamoto was sent to Hal Finney, a cryptography expert. Today, thousands of transactions are made daily with bitcoins and other cryptocurrencies, and the world is only at the beginning of blockchain technology.
LocalBitcoins has not been available to Iranians since May 24, 2019.
In official correspondence regarding the update, a representative of LocalBitcoins confirmed that Iranians can no longer access the service. Big companies such as Binance and Coinbase also began rejecting Iranian customers based on their nationality last year. The reason is the new wave of sanctions imposed by the US on Iran. Governments can have such an impact on businesses, as can be seen here clearly. The Iranians are a lovely friendly people who have so far made no debt except that they sit on large oil deposits and Israel has declared them an enemy. As you know, Iran has long been a goal of the United States or the Zionists, which is absolutely to be subjugated. LocalBitcoins is thus only one of the companies that submits to the elite and thus also harms itself and loses customers. Considering that in Iran about 80 million people live and many are open to Bitcoin. As recently as April, the first own Bitcoin vending machine was unveiled in Tehran see here.
Luckily, not all companies are such saliva licking arsholes
And bow to the will of a few power-obsessed vollidiots. Hodl Hodl, for example, has not only kept the site open to the Iranians, but has also announced that Farsi language support, a discounted exchange fee and a telegram group will be offered specifically for Iranian users to contact. Bisq, another decentralized bitcoin exchange, has added support for Farsi, offering Iranian bitcoin users a viable alternative.
Quite honestly, no Iranian has done anything nasty in any way to me or threatened me in any way. I don’t think about you either, so what’s the political nonsense?! Why do other countries take out to determine who is allowed to have what kind of technologies and who is not? I don’t want wars anymore or the exploitation of other countries! I don’t want to be told who my friend or enemy is! I don’t want to be told who I have to choose or who I don’t! Actually, I want to determine my own life, but what is incredibly difficult in this world! We should all start questioning the system and also paying attention to others. We live in the matrix and it’s finally time to wake up!