What don’t you get? With BitTorrent, Justin Sun (Tron) bought the entire Internet

If you are a Tron investor, and you freaked out last Wednesday during an admittedly pretty brilliant crypto market crash, you’re doing it wrong.

Not some of it. All of it. Wrong.

Why? Because you don’t understand what Tron was, is, or intends to be throughout its existence, despite many knowledgeable people – who are openly in awe of the shifting tech landscape – begging you to pay attention.

It’s not about the coin, or yesterday’s price, or last month’s price, or tomorrow’s price, or the coin’s price even three or six months from now. The coin, frankly, is irrelevant because it is such a tiny piece to what actually transpired when BitTorrent changed hands and became part of the Tron system.

And what that means going forward.

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The first mistake many folks make when capping Tron’s potential is using its age. True, the company is barely a year old. However, from the moment Justin Sun breathed Tron into existence, he entered an ongoing race that wasn’t complete until the contract papers dried this summer. It was a race to own something other mammoth companies, like Facebook and Twitter, that have or had used BitTorrent for key system upgrades. It was a race to own the system that another company very badly wanted to use and pay seeders for torrents using Bitcoin (and later, Bitcoin Cash). It was a race to own the protocol that Bitcoin itself is based on.

That sounds kinda cool, right? But, how important is that really? Well, consider what Bitcoin itself actually does. And, also consider why all of those companies (and many others) also sought to control BitTorrent to the point that Sun had to get a court order to prevent any other negotiations except for his.

“In the same way the Internet flattened access to information and allowed anyone in the world with an Internet connection to learn basically anything they wanted to know, and to communicate with anyone else on Earth, Bitcoin does that with money,” says Erik Voorhees, Founder & CEO, Shapeshift, in “Bitcoin: Beyond the Bubble” (see below).

“So now, anyone on the planet, no matter their age or the arbitrary geographic location in which they were born, or the arbitrary rules of the people who govern over them; that person can now engage economically with anyone else in the world directly,” he says. “And, that’s profoundly powerful.”

With that in mind, and then pairing that info with the understanding that Bitcoin does for money and financial transactions what BitTorrent does for peer-to-peer file sharing in general, including full websites, you begin to understand the power that Voorhees spoke about. 

BitTorrent unlocks the whole damn thing. It always has. Even Satoshi Nakamoto knew it.

That’s what “decentralization” means. That’s what Justin Sun means when he says it (and he says it constantly). That’s what Tron means every time you read it – from marketing to whitepapers to social media.

In effect, Justin Sun bought the Internet.

I’ll say it again, and I want you to slowly read each word. Let it sink in.

JUSTIN SUN … BOUGHT … THE … WHOLE … ******* … INTERNET.

(And, at a reported $120 million, he did it for the same amount of money the Baltimore Ravens once paid Joe Flacco to be a slightly above average NFL quarterback or roughly one-third of what Giancarlo Stanton once signed for with the Miami Marlins.)

In essence, Sun reverse engineered digital dominance by starting with a platform, while also figuring out a way to ensure token burn and supply freeze – all while keeping his investors engaged through the whole process. It’s the birth of an entire ecosystem that uses many pieces that couldn’t quite put it all together in the past.

His system is every computer, every user. You aren’t just using Tron when you jump on to download or seed a file. You are Tron.

So, if you’re really and truly interested in seeing your investment grow. Be a user. Encourage others to use. Brush off your old Napster skills and get BitTorrent up and running. Use SeedIt to tip others with Tron on Twitter. Participate in Super Representative elections. Buy tokens that represent projects already calling Tron home. If anything, just get a Tron wallet created.

Do any or all of that, and you’ll be handling your Tron investment the right way.

(Thank you to @wlfofmyst, @mobrules1968, and @mikehan36064472 for their research for this post.)

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Have a tip?

What topics would you like to read about as we all grow with Crypto, Tron, and all the rest? Shoot an email to kitchenski@gmail.com with “Blog idea” in your subject line, or find me on Twitter at twitter.com/curtiskitchen.

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And, FULL DISCLOSURE: I am a Tron (TRX) investor. I am not a financial advisor. This content should not be used as a base for or considered to be financial advice.

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‘Face’ plant: Facebook is vulnerable and opening doors for Tron (and others)

I’ve always marveled at the Pan American Airlines story – how it went from a sure-fire, can’t-miss, top-of-the-world, safest-ever, long-term investment to bankrupt and dead within two decades.

It was a stunning collapse because what could have seemed more investment safe at the time than a strong worldwide airline?tron-facebook-justin-sun-mark-zuckerberg

That said, Pan Am’s downfall was brought on by several factors – many of which were outside of the airline’s control. But, that’s the rub, isn’t it? The best strategic plans try like hell to keep a business flexible, but if integral pieces fall apart — for Pan Am it was fuel shortages, failed acquisitions, and the Gulf War — it doesn’t matter.

What I’ve always kept in mind from that is vulnerability can come from anywhere and at any time for any company.

So … about Facebook.

A company that seemed to have the world at its feet and a CEO with rumored presidential aspirations as recently as 16 months ago has been staggered with data controversy, security concerns, prioritizing ad revenues above content value, and waning user engagement.

And that was the good news …

That all was before Wednesday when the actual -$123 billion shitburger was served to investors by maligned Facebook CEO Mark Zuckerberg, who also had to warn his audience that the worst may not be over as the company may struggle* with earnings going forward* The loss set a dubious mark by losing the most market cap ever in a single day by a U.S.-traded company.

*Let’s use “struggle” in a sentence. A company may struggle when it can no longer sell data to shitty people for shitty reasons and play dumb about it while cashing checks.

It puts the behemoth in suddenly vulnerable territory, but it shouldn’t be surprising. Why? Pull the hood back for a second and look at the engine.

Facebook’s growth plan, for a long time, has employed a strategy of “build, and if you can’t build it better, buy out the competition” – everything from photos and chat to file transfers, mobile chat, and face recognition. In fact, a lot of Facebook’s best features came from that approach. However, the platform doesn’t have it all, especially when it comes to streaming content. It tried and couldn’t land NFL games, though it found other sports live streaming avenues. And, maybe more topical or relevant to the next point I’m about to make, it recognized about six years ago how awesome BitTorrent was as a tool for sending updates to its servers worldwide.

Wouldn’t that have been handy to have in house? The fact that the company doesn’t own the system it uses for something as important as having an ability to update all servers ASAP? Especially, say, in a security crisis? That’s airline-can’t-afford-fuel vulnerable.

You know who does own BitTorrent? And is growing in its ability to offer super-fast transactions, development, and content?

Of course, you do.

At the risk of making it sound like Justin Sun (slash Tron) just happened to be lucky and fell into securing BitTorrent, Facebook (and whoever else wanted BitTorrent) didn’t lock down a vulnerability.*

*Misstep? Overlooked? Just couldn’t get it? Wish I knew. (Feel free to confidentially email me if you do.)

Bottom line is Facebook, which appeared to be locked in for the foreseeable future as a giant, the giant, in social, online, and digital services, has a leak.

And, just a year old, Tron, with its Virtual Machine becoming fully available in a few days, its growing list of acquired capabilities, and its expanding partnerships, could very well have the kind of glue Zuckerberg needs to patch things back together.

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Have a tip? 

Or, what topics would you like to read about as we all grow with Crypto and Blockchain? Shoot an email to kitchenski@gmail.com with “Blog idea” in your subject line, or find me on Twitter at twitter.com/curtiskitchen. And, FULL DISCLOSURE: I am a Tron (TRX) investor. I am not a financial advisor. This content should not be used as a base for or considered to be financial advice.

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Hollywood eyeing Tron/BitTorrent?

“The old guard are following events, and watching carefully.”

A few weeks ago, the public general reaction to Justin Sun and Tron purchasing BitTorrent ranged on a scale from “BitTorrent is still a thing?” to “What’s a Tron?”

Within the blockchain and crypto communities, however, the move created one hell of a buzz.

In that excitement, Tron loyalists have begun digging into BitTorrent’s history. What they are finding are loads of examples of exactly why Justin Sun made it a priority to add not just any peer-sharing apparatus, but this one. 

Some of what was uncovered in recent days:

– Though it made news this past week by visiting with Sun, Twitter was on board with BitTorrent … all the way back in 2010.

– So was Facebook.

– At its core, BitTorrent’s Paygate service in 2014 was headed in the right direction for putting a lot of money back in the pockets of artists.

– And, an added bonus for you: Want to know why the Tron/BitTorrent match is absolutely perfect? Read this 2014 piece from the Harvard Business Review and keep Tron in your mind as you consider the article’s final paragraph.

Putting ALL of that aside, it’s no secret that Hollywood itself knows BitTorrent’s potential power. It also has been watching BitTorrent’s move. “The old guard are following events, and watching carefully,” a Hollywood production insider told me.

It all has brought legitimacy to Tron’s stated larger vision of decentralizing the Internet and putting creative control back fully in the hands of entertainment creators.*


*If you’re new to this concept, do you know Taylor Swift? She famously wrote an opinion piece for the Wall Street Journal in 2014 and in it said:

“It’s my opinion that music should not be free,
and my prediction is that individual artists and their labels
will someday decide what an album’s price point is.”

Swift was almost right, except, with Tron’s smart contracts abilities, an artist wouldn’t even need the label if they didn’t want to go down that road. Thinking of her words now and pairing her thoughts with today’s Tron option…

Taylor Swift, with her iconic stature, is the unlikely mass-appeal hero that Tron needs and should use to break through to the general public.


But, even still, there seemed to be a large amount of doubt circling Justin Sun’s project – reflected in Tron’s trading price, not to mention in the confidence of pump-addicted detractors willing to share their well-reasoned, logical thoughts via Twitter.

Their issue, of course, is that they don’t, won’t, or can’t see past Tron as anything more than a cryptocurrency. That’s a shame because they’re missing the point.

According to digital content producer Robert S. Seppälä, Tron’s nabbing of BitTorrent is the real deal-maker – far ahead of the Tron token that so many one-pump chumps are hoping to cash in on.

“I agree the ]TRON] currency is cool, but beyond the bean counting, I believe it’s the content and entertainment delivered in the future that will drive this new world of decentralization through Tron,” said Seppälä, who is producer, director, and writer for EverTell. “It’s exciting.”

From many accounts, he’s not alone in that thinking.

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Have a tip? 

Or, what topics would you like to read about as we all grow with Crypto and Blockchain? Shoot an email to kitchenski@gmail.com with “Blog idea” in your subject line, or find me on Twitter at twitter.com/curtiskitchen. And, FULL DISCLOSURE: I am a Tron (TRX) and Ripple (XRP) investor. I am not a financial advisor. This content should not be used as a base for or considered to be financial advice.

The Tron Virtual Machine is going to rock worlds – yours, mine, everybody’s

Sometimes, you have to let the reality of a dream settle in before you can appreciate it. Then again, being able to see that reality before anyone else is called vision, and there’s a reason why it is such a sought after talent.

Tron is fast becoming that reality for those who follow it — and many more who don’t. It’s what happens when you stop boring the public with barely recognizable terms like “mainnet”, “torrent”, and “blockchain” and instead start mixing in specific panty-droppers like “Twitter”, “Facebook”, “100 million or more users”, “music sharing”, “porn”, “biggest file sharer in the world”, “gaming”, and “Facebook”.

Hi, Tron…er…Shannon.

Yes, friends, those terms are major turn-ons, especially after they’ve all legitimately been linked to Tron in just the last few weeks. (Funny enough, BitTorrent has almost everything to do with that…which has a lot of folks beginning to understand one of the the reasons why BitTorrent was part of Justin Sun’s plan from the beginning.)

When that moment of puzzle-pieces-coming-together realization hits, I imagine it’s like that scene in American Pie when Shannon Elizabeth cozies up to Jason Biggs, who loses control immediately…twice.

Just to make the image clear (because it’s a good one):

Shannon = recent Tron news
Jason = Tron investor

But, this has happened before, hasn’t it?

  • Tron news surfaced late in 2017 about a possible connection to Alibaba, and the charts resembled a Bill Clinton impersonation of the Washington Monument.
  • Tron MainNet goes live, and folks felt like they were led on. (I’m not sure why…it’s like they mistook the vibrating bed turning on for the entire sexual experience.)
  • Ethereum “Independence Day” came and went, and instead of carnal investment bliss, many folks were bored or frustrated with sinking prices amid a prolonged token swap. (I’m still waiting, and it sucks. Thanks, Bittrex.)
  • Never mind that everyone’s current daddy, Bitcoin, keeps sticking its head in at inopportune times and thwarting Tron’s potential growth moments.

And it’s all led to Tron loyalists having to tell the rest of the world that it isn’t about the size of our .0337 coin, it’s the quality.

Hang in there, Tronics. Your Dirk Diggler “star” moment is approaching. As someone who loathes hearing and seeing such a thing from others, it is time to circle a date on the calendar.

July 30.

The Tron Virtual Machine will open for business, and there’s no reason to believe a hungry-eyed group of developers won’t flock to the Sun Bunny Ranch. The list of advantages is well-known by now (easy, cheap, high distribution potential, big partnerships, nice rewards, etc.), and the latest big piece of the machine will be available.

The rest has been extremely nice, but THAT news has me excited. Above a lot of other things, I think that’s when we all will get to see Tron fully come to life and start to grow.

And, if things go right, grow to something big enough to make even Ron Jeremy jealous.

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What topics would you like to read about as we all grow with Crypto and Blockchain? Shoot an email to kitchenski@gmail.com with “Blog idea” in your subject line, or find me on Twitter at twitter.com/curtiskitchen. And, FULL DISCLOSURE: I am a Tron (TRX) and Ripple (XRP) investor. I am not a financial advisor. This content should not be used as a base for or considered to be financial advice.