“Whether it’s AirBnB or Uber, when you think of crowdsourcing businesses, the key question you have to ask with a crowdsourced models is: how disruptive is it?”

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We are living the age of the crowdsourced business.

By harnessing the power of the Internet, we have given the power to the people. No longer are central systems controlling the masses, but we are operating individually through our smartphones to get the products and services we need. This trend is in direct alignment with the way cryptocurrency is moving.

On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are discussing the crowdsourced model of cryptocurrency. While all crypto technologies enable the network effect, some provide utilities that are more crowdsourced than others. Today, we focus on one in particular, and that is Siacoin. Tune in to bring this knowledge into your crypto investing game!

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“You have to take into consideration the amount of time it takes before you reach the full adoption curve.”

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Points to Keep In Mind

Siacoin is a peer-to-peer storage model
Try to gauge level of disruption when evaluating crowdsourcing business models
- Or will it just make up a market niche
Siacoin is in a heavily competitive space and highly commoditized
It took Amazon Web Servers a long time to grow to full market scale and adoption
- Hard to imagine Siacoin being able to do it in a shorter amount of time
Confront the reality versus the expectations
Always try to evaluate the large-scale enterprise hardware

The Airbnb and Uber of Crypto: What Crow...