Many government bodies, regulators, investors and banks see , or even the whole cryptocurrency market, as a speculative bubble. Some say it is a fraud, while others speculate that it will continue to rise in . Earlier, I wrote an why I believe that will fail. Not because it is a fraud, but because it is flawed. Despite my belief that will eventually fail, blockchain and some, not all, will likely reach mass adoption and bring significant change to how we run organisations and societies. Since the innovation of blockchain and is too important, I do not believe that considering is a solution as is now being considered by multiple countries.

Cryptocurrencies are a completely new way of doing business, raising money, transferring money, making transactions etc. Bitcoin is only nine years old, and as such, we are still learning how the underlying , blockchain, works; how we should deal with it; how we can implement it within our products and services, etc., resulting in a plethora of new cryptocurrencies.

Cryptocurrencies and opportunism

Of course, with such a new technology, there is a lot of opportunism, which is what you see happening now. This is nothing …

Read More on Datafloq

Source link
Bigdata and center


Please enter your comment!
Please enter your name here