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Block chain development as a viable CENTS business model?

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Idea threads

PPrince

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Jan 23, 2021
17
13
The Bahamas
Good day everyone,

Two days ago, I spoke to an old friend I hadn't heard from in years. He'd talked about pursuing black chain development certifications and qualifications to forge a "new direction for his existence." His current position as a Trust Officer was draining him of life (and his soul) -- and his salary had peaked. In addition, he'd been in the Bank and Trust Sector for almost 25 years... dealing with, as he'd put it: "contentious, underhanded, double-faced, soul sucking corporate ingrates for far too long." He added he was "middle-aged, drained and tired" of the field. He talked about the vast potential of the block chain (and by extension, cryptocurrencies operations) field to dramatically change a person's fortunes, because the sector was still evolving (it's still in infancy by tech revolutionary standards). It was only a matter of time before its ubiquitous influence would impact every facet of life, whether we like it or not. He even believed the sector was on the same threshold that the internet occupied in the late 1990s. Therefore, any investment in qualifications to become an expert in this sphere could only be a positive direction forward. To him, the probabilities strongly supported the move. And success, as he defined it, was more realistic there, as opposed to opening a fast food restaurant, drop shipping or freelancing/consulting. Statistics proved it. Besides, his present sector was dying.

He emphasized 5 key areas important to him. The first was the amount of time invested as a novice in the beginning. There were 3-month certification courses available to familiarize oneself, and even get work. The second was the expanding types of positions and areas where one could focus -- which led to the third-- a decent income in a relatively shorter space of time as compared to conventional jobs, like the one he had. Fourth, his newly developed expertise as a "problem solver" would make him indispensable long term, hence more valuable, and fifth, the sector was wide open because of constant tech evolution. Therefore, the problem of overcrowding is not a present threat.

My curiosity was peaked as I listened to him and I decided to do some small scale research. The sector appears promising, but I am curious as to how expertise in block chain business development stacks up with the fastlane CENTS model, particularly T (Time) and S (Scale). Realistically, how much potential T investment would be required before S. And is S even possible? In addition, how does the time/labor factor compare to a regular 9 to 5 job? Finally, are there any functional aspects of the sector that more closely align with the fastlane CENTS model as compared to other areas?

I don't know if there are many block chain business development persons on this forum, but I would appreciate any feedback on this inquiry. Finally, I've heard about folks moving away from dead end careers and towards skills in computer coding. Is my friend's proposed transition similar in that respect?
 
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Ing

Gold Contributor
FASTLANE INSIDER
Read Rat-Race Escape!
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Speedway Pass
Jun 8, 2019
1,213
1,179
56
Bavaria
Good day everyone,

Two days ago, I spoke to an old friend I hadn't heard from in years. He'd talked about pursuing black chain development certifications and qualifications to forge a "new direction for his existence." His current position as a Trust Officer was draining him of life (and his soul) -- and his salary had peaked. In addition, he'd been in the Bank and Trust Sector for almost 25 years... dealing with, as he'd put it: "contentious, underhanded, double-faced, soul sucking corporate ingrates for far too long." He added he was "middle-aged, drained and tired" of the field. He talked about the vast potential of the block chain (and by extension, cryptocurrencies operations) field to dramatically change a person's fortunes, because the sector was still evolving (it's still in infancy by tech revolutionary standards). It was only a matter of time before its ubiquitous influence would impact every facet of life, whether we like it or not. He even believed the sector was on the same threshold that the internet occupied in the late 1990s. Therefore, any investment in qualifications to become an expert in this sphere could only be a positive direction forward. To him, the probabilities strongly supported the move. And success, as he defined it, was more realistic there, as opposed to opening a fast food restaurant, drop shipping or freelancing/consulting. Statistics proved it. Besides, his present sector was dying.

He emphasized 5 key areas important to him. The first was the amount of time invested as a novice in the beginning. There were 3-month certification courses available to familiarize oneself, and even get work. The second was the expanding types of positions and areas where one could focus -- which led to the third-- a decent income in a relatively shorter space of time as compared to conventional jobs, like the one he had. Fourth, his newly developed expertise as a "problem solver" would make him indispensable long term, hence more valuable, and fifth, the sector was wide open because of constant tech evolution. Therefore, the problem of overcrowding is not a present threat.

My curiosity was peaked as I listened to him and I decided to do some small scale research. The sector appears promising, but I am curious as to how expertise in block chain business development stacks up with the fastlane CENTS model, particularly T (Time) and S (Scale). Realistically, how much potential T investment would be required before S. And is S even possible? In addition, how does the time/labor factor compare to a regular 9 to 5 job? Finally, are there any functional aspects of the sector that more closely align with the fastlane CENTS model as compared to other areas?

I don't know if there are many block chain business development persons on this forum, but I would appreciate any feedback on this inquiry. Finally, I've heard about folks moving away from dead end careers and towards skills in computer coding. Is my friend's proposed transition similar in that respect?
If you look at coinmarketcap, you see, how much money is in the market and how many providers there are.
There are 10 thousands of token. So making a token takes 5 minutes.
But making a blockchain is different and only a hand full of people can do that. Maybe I m wrong, but the ratio token to blockchains is huge.

So I don’t know how to make a blockchain, but sure its fastlane!

Scale: as millions can use a blockchain. Imo yes.
Time: I think, a well made blockchain is safe and doesn’t require constantly work of the founders.

Btw, when your friend didn’t contact you for years, whats his intention to contact you now?
 

PPrince

New Contributor
Read Rat-Race Escape!
Read Fastlane!
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Jan 23, 2021
17
13
The Bahamas
Hi Ing, thank you for your kind reply. We met by chance -- at the Starbucks at the airport departure area here in Nassau. I was heading Stateside. He was flying to the UK via, Toronto, Canada. He seemed burnt out.
 

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