Instead of relying on the genius of a single person or small team, the firm uses encrypted data sets to crowdsource stock market prediction models built with artificial intelligence from 12,000 anonymous data scientists worldwide who compete to win bitcoin.
Will cryptocurrencies be the new norm after 2017? Perhaps it is too soon to tell. But if there is one thing we know for sure, it is that the currency seems to have a wide appeal with a particular section of technologically-savvy individuals, a point that is sure to soon work in its favorOf course, I don’t have a crystal ball, but for me Bitcoin - with capital B, or the technology behind it: the blockchain - will have a prosperous future.
Its importance goes far beyond bitcoin and payment transactions as this is just one - and the most banal - of its application.
A deep and comprehensive forecaste for the future of money would need to look beyond the decentralisaton and encryption features of money, and would also need to examine the unit of account, the social agreememts and the value context. The future, if civilisation is to have one, will be found in services that create sustainability and regeneration.
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