Bitcoin makes me feel horribly out of the loop

Fine, I’ll pay attention again

I did okay for a while not paying attention to Bitcoin and cryptocurrencies. But then stories started popping up with more frequency, and it became impossible to ignore it. The constant drumbeat of the rising value would have been enough to get a dead man’s attention to be honest.

But what did finally get me to really pay attention is the potential applications of the software behind the coins. Any time technology can improve the fundamental pillars of the world, that gets my attention. The suggestion that blockchain technology could protect voter record and health information intrigues me greatly. Identity theft is a very real issue in the modern world, and if I could use blockchain to protect that, it would give me at least that much of a sense of security.

And I understand where that might confuse you. How can I be risk-averse, yet want to trust my data to the same technology? To me, they are separate entities. Investing my money in something so volatile and without any sort of insurance is risky. Trusting my data, something I already considered at risk due to circumstances well beyond my control, to something that might protect it, it is worth the roll of the die.

Bring on the technology. I’m ready to see where that goes. To the currencies? It’s fun watching what they do, and sure I could have made a tidy sum if I hadn’t been so befuddled in those early days, but I’m still fine that didn’t take those risks… or build some insane cable monster that I could have very well electrocuted myself with.

Yes… I am that clumsy.

To those of you folks who got in early. Congratulations, I would be lying if I didn’t admit to being a bit obvious you had the guts to stick with it and muddle through those early days. Even if you took a risk later, still, congratulations. For me, I think I’ll just stick with what I know for now.

Article source: https://www.technobuffalo.com/2017/12/16/bitcoin-makes-me-feel-horribly-out-of-the-loop/