Opportunity #1: (Regulatory)
“Here come the cops, cryptocurrencies!”
An opportunity exists here because of the unclear future of
cryptocurrency (including whether or not it will crash). Policing it may keep
it afloat, or destroy it.
The group affected most by this is anyone who has invested
in Bitcoin.
I believe this opportunity is relatively difficult to
exploit because cryptocurrency is such an unsure commodity in terms of
longevity.
I saw this as an opportunity because I have known about
Bitcoin for several years, but was too young to invest in it when it was
financially possible. But I have maintained interest.
Opportunity #2 (Economic)
“The future of Bitcoin in real estate is now (and here)”
An opportunity exists here because it is almost an entirely
new market. Being able to use Bitcoin to buy houses can usher in a new Bitcoin-friendly
economic era, but could also be horrendous if Bitcoin crashes.
The group that will be affected by this is any person who
sells items/services for Bitcoin.
I believe that, like the first opportunity, this one is also
difficult to exploit because of the instability.
I saw this as an opportunity because a whole new economic
world will open up may be opening up soon with these developments in
cryptocurrency along with their growing social acceptance.
Opportunity #3 (Regulatory)
“Prepare now for impacts of new tax bill on middle-market
businesses”
An opportunity exists here because middle-tiered business
will now have to prepare for what happens if the new tax bill causes the
economy to overheat.
The group that will be affected by this the most is the
group of said middle-tiered business owners (and their employees)
I believe that this opportunity will be difficult as far as
exploitation because the business cannot force the possible recession into
recovery. It will be a long, hard process for everyone.
I saw this as an opportunity because the tax bill being
passed is frequented heavily in the media.
Opportunity #4 (Economic)
“Rising health insurance costs affecting local companies”
An opportunity exists here because the increasing cost of
health care will hurt businesses’ budgets and eventually impact their ability
to pay and keep workers.
The group affected the most by this will be the business and
more importantly, the workers that will eventually be laid off because of
budget cuts or who will possibly lose healthcare coverage.
I believe this is an easy fix. The government needs to make
healthcare more affordable.
I saw this as an opportunity because I am very negatively
impacted by the current healthcare system.
Hi Joshua,
ReplyDeleteI also posted an article about cryptocurrency, specifically Kodak's new KodakCoin that they're trying to release. I agree that since cryptocurrency is so new, there is a lot of opportunity to be had but unless you have lots of time and money to spend, it's very difficult to exploit. It sounds like to get into that field you have to gain a great deal of trust from your market and even more so because it's their money. Thanks for sharing.
Tess
Hey Josh, I believe that your first opportunity was very interesting because a lot of my friends invested in bitcoin as and I would tell them about that risk. I never wanted to invest because I did not want to invest the little money I currently have. I also did not believe it was the smartest thing to do right now.
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