I recently bought Iota crytocurrency because it was very clear that if we had to have a digital currency it’s properties had a greater advantage over the blockchain variations that will have serious issues scaling in the modern world. Investing in cryptocurrency is risky but those who took that risk with web giants Amazon, Microsoft , Google, Facebook, Ebay have done very well for themselves. They key is to do the research initially and to keep doing the research to make sure the company your investing is achieving the goals as laid out in the published road map. Iota receives a lot of FUD from it’s blockchain cousins, who seemingly want to get rid of there FREE from fees baby cousin before it matures to it’s full potential. After watching this video in which Jeremy Rifkin (Economist) lays out a road map to usher in a new economic system. It covers, climate change , declining productivity, IOTA devices and there savings. Retro fitting old infrastructure with IOT monitors and renewable energy technology to increase productivity globally.
For me it’s a confirmation that Iota has all the benefits to be the financial backbone for the smart devices for the new emerging economic models described in the speech by Jeremy Rifkin. He makes a great point that currently 62 individuals who have amassed a net worth equal to 3.5 BILLION people. Which is half the worlds population to highlight the imbalance of the current system. The only thing about the video which I find annoying, as is seems to be holding on to theory of evolution. For a man that is so knowledgeable in the sciences, how is it he is completely unaware of the blueprint code in every cell called DNA. Any programmer on the planet would be to explain that complex code can not be brought about by chance or natural selection. A code with built in error checking does not come about by chance, 1 single plant cell has code more complex then any spacecraft man has ever built, are we to believe that NASA Orion Space merely evolved!! Aside from that it’s very good insight into where were heading in the third industrial revolution!