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RE: Technology And Regulators: A Game Of Speed by josediccus

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· @josediccus ·
It's just to say that the innovation currently hitting Crypto is always taking separate dimensions and there's too much data and information to keep up with. Imagine if someone takes a three months nap and wake up, the information from the Crypto world would have Just been too much imagine all that data and all that knowledge. The ICO can't keep up they'll Just be chasing clout. Marvelous read again. Cheers!
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@taskmaster4450le ·
The pace is incredible.  Even on Hive we are seeing things rolling out in a much quicker fashion as compared to before.  This while some challenges are going on with the hard fork.

Nevertheless, it is likely things will only accelerate in the future.  This is the way things happen, if for no other reason that more people being involved.  As more coders find their way to cryptocurrency and start developing projects, it will keep building.

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@josediccus ·
Yeah and I think I heard @theycallmedan talking about the SMTs as well coming soon, it's like coming too fast I mean the projects, three months ago DeFi was totally not a thing. And it's just so incredible how far we can still go. I'm hoping the same too for Leo
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@taskmaster4450le ·
Well he is working on helping to decentralize Hive Engine which could help to give people more confidence in it.

There is talk about SMTs being in the next hard fork and I would not doubt Dan has a finger in those discussions.  However, I havent seen anything publicly coming from the witnesses, not that it means much since communication still isnt the strong suit.

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@mers ·
The crypto innovations are so fast that the  Regulators are  way way behind the system.... But they should start hiring crypto professionals and devs that could trace *irregularities*.  Or they should let private companies incorporate cryptocurrencies in their Financial Systems (others have been doing this already since a couple of years ago). There is no stopping, the Fed and the  SEC would have to accept the crypto situation.  Financial Media such as CNBC, Bloomberg or even CNN show trade value of BTC in their indices reports.  
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@taskmaster4450le ·
Yes they can do that and I am sure they are hiring all those people.

However, innovation, especially in something this early, tends to go in all kinds of unexpected directions.  This means that everyone outside the core developers is playing catch up.  For many projects, it means little.  However, as we see, every once in a while (every couple years) there is something that takes off.

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