Okay, Okay...It's really hard to sell people on cryptocoins when the volatility looks like this past week...
Bitcoin as a currency may not have the stability that the masses demand for greater adoption. Bitcoin as a currency may not make it. MANY of the other brands of coins WILL NOT make it.
The storm is coming.
And when you shake that fruit tree, only the healthy things will hang on, all else will become windfall peaches for the bottom feeders of the orchard.
BLOCKCHAIN is to INTERNET as BITCOIN is to EMAIL
Blockchain, Distributed Ledger Technology (DLT), is here to stay. The next great step in the technological revolution, and it is going to happen fast fast fast!
World Industry demands decreased processing fees and transaction times, increased security
Food production and distribution, AI bot payments (computers need wealth too!), precious stones and metals harvesting, patent filing, pharmaceutical developments, disease control...not the first thing that comes to mind when we talk about "Bitcoin".
Bitcoin is a brand. JP Morgan CEO Jerry Dimon is obligated to dismiss it, as they are developing their own brand of blockchain based cryptocurrency
If he didn't say what he said, it would be like Tim Cook walking around with a Samsung phone and a Surface Pro tablet. It's just business as usual. Everyone will want their own brand, and if the currency market is a free market, there will be exchange rates weighted based on each companies affiliation with one another.
What coins do you prefer? Let me know down there in the comments!
Thank you for your time,
JG