The zest and POV- B world with Elon Musk, Cathie Wood and Jack Dorsey!

In a recent interview of the industry's big names who were shedding some light on the subject of Blockchain and it's acceptance in the business.
Their magnitude of impact and all. Pushing it aside , Let's dive into what the future holds for the blockchain techno world and the perspectives of major players on crypto world.

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We all are well aware of the basics to blockchain and it's pros and cons. From decentralisation to easy transactions it has everything in power to manipulate and change economics for good. But what lessons did we derived from the interview which held a couple of days ago-

Positive and negative impact of mega business owner's influences on market!

A currency standard and sound for internet which everyone can use.- by Jack Dorsey

Initially taking positivity into the account, I believe the support of owners of Tesla, twitter, Ark etc has a great and positive impact on marketing of blockchain.
Every technology tends to evolve whether it belongs to any said field. So is the case with the blockchain. The major key point i.e. being decentralised gives immense power to every individual as no government or any bank is involved in transactions. Also many platforms built upon blockchain has empowered many people providing scalable solutions to many persisting problems.

Having been said by these three people in the interview that they support blockchain and have it included in their business makes the fan following and a investor base huge!

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On the other hand considering the negative impact, If you have followed twitter constantly for couple of months now. you may have witnessed major fluctuations in the opinions and backlash from group of people on the crypto world i.e. Open manipulation which has lead to many people becoming bankrupt and many gaining lots of bugs. This is certainly my personal opinion and I would love to indulge into healthy debate if anyone disagrees with it. Holding such huge influence they majorly manipulate the market and create unnecessary ripples into the system.

Is most Ironic outcome becomes the most likely one?

As Elon musk quoted this sentence he spoke about the doge coin which we all knew was irrelevant until he purchases some stakes of the coin and announced it on twitter making it's price shoot up and and dragging the coin into top 5 currencies of crypto.

Ultimately blockchain has become monetary base for the internet. Do you agree? Actually I derived this statement from the expressive answers of Jack Dorsey and Cathie Wood during the interview which clearly brings the independency and amazing optimising power of this system into consideration.

Bitcoin and Energy
The most significant subject which I was pondering upon and this got a major space for conversation during the interview as well.

We all are well aware of the current and past hashing rigs which are totally based on non renewable source of energy specially the coal mining. This has bought a major effect on the climate and thus increasing the heat and energy load with perishing the nature's resources.
So, What can be done?

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As I observed from the interview Cathie Wood introspected and added to Elon Musk's Non-acceptance on using bitcoin for a while in his companies as he expressed the concerns for the unethical wastage of non renewable resources during mining.

The solution is simple that instead of using coal and other resources, The hashing rigs or I might say mining should be done using solar, wind power but that does comes with irregularities and fluctuations but using Hydro and thermal power might evaporate such problems. Thus this becomes the most suitable solution and may derive Blockchain into renewable source of energy.

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I would like to conclude by saying these major players do play a key role considering the fact that blockchain is accelerating towards renewable source of energy and this could impact majorly on energy and monitory savings on hashing thus giving it a vast impact just like internet blockchain will run the world in near future. This is the opportunity to build something great on platforms supported by cryptocurrencies and grow an impactful future for ourselves.

What are your thoughts on this subject?

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