Why Paradigm Shift Matters
My friends asked me why I bought into Loot. It is because Loot is a paradigm shift, even though it is still early.
But you may ask - why should I care about paradigm shift?
Basically there are two types of improvements, incremental improvements and extraordinary improvements. With incremental improvements, you just keep getting similar things, but slightly better, e.g. Litecoin vs Bitcoin. You can only keep getting such smaller improvements unless there is a big disruption. Paradigm shift brings this big disruption and opens doors for many experiments, thus brings extraordinary improvements, e.g. Ethereum vs Bitcoin is a paradigm shift.
Buying into paradigm shift is buying into innovations.
Paradigm shift is first defined in the book The Structure of Scientific Revolutions. If you do not have time to read the book, I highly recommend watching this Youtube video for the book summary.