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Cryptocurrencies surely die

Postby Mecage В» 04.01.2020

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The title of this article might very well be the only reason why you are here. Now, down to the core of this post, what do I mean and why will cryptocurrencies die? No, what I am saying is that the cryptocurrency market, industry and environment that we have seen in the past is going to cease and be replaced with a new system and framework. Within the existing environment and understanding of this industry there are many misconceptions and poorly constructed ideologies grown through ill-educated individuals and groups.

Either response clearly means I need to do some more explaining before I even come to describing my exact role. At least this is what most people think of when they look back over the last 2 years. There is already a great misconception about cryptocurrencies in general, and a large portion of the blockchain community has had a part to play in this misconception with the focus that has been placed on cryptocurrencies, trading and price speculation, instead of blockchain technology.

This view has started to change in many of the serious projects, but needs to continue. Because there was such strong focus on cryptocurrencies, any price fluctuation was promoted or condemned far out of proportion. As I alluded to above, the common views held were, if there was a price rise, then everyone is going to be millionaires through the sacrifice of the lesser knowledgeable public trying to enter the industry. There is another idealogy that, as an industry, many of the individuals have developed.

That is, blockchain technology is here to support cryptocurrencies. At the end of the day, the success of blockchain technology will come down to how well we can provide a use case for cryptocurrencies. This has stemmed from the drive of many of the projects and individuals who are here to make money without understanding the fundamentals of blockchain technology.

The problem is when you want to make money without understanding the industry of which you are getting involved in. I have just described to a large degree, the environment we have been living in over the last 24 months, when the first wave of blockchain tech and cryptocurrencies flowed throughout the world in a global way. But I believe we have now turned a corner, we have survived the reckoning, we have made it through the refining fire.

A large majority of projects who were destined to fail have already done so, and now we are left with a refined albeit, smaller range of blockchain related projects who have now proven a few key points. Yes, there will still be projects that fail, but these are of a much lower percentage and are often not from lack of trying, knowledge or planning; but simply due to the fact that creating a start-up is a highly challenging task.

So, what exactly have the surviving projects proven by not only surviving but thriving in this tough environment? Firstly, it has now been proven that there are serious people in this industry, serious people with real, trustworthy and clear intentions. All those that have survived are of a certain character which you need when driving adoption of a new industry. I have the strongest respect for these people and this is what leaders from other industries will look for.

The next thing that has been proven is that the projects are set up with clear business strategies, safety-nets, funding, and purposes. I would suggest it goes hand in hand, you need solid and purposefully driven people as well as well developed and sustainable business strategies and goals. The last thing that I suggest has been proven in the last 12 months, are real use cases for blockchain technology, not cryptocurrencies.

The stigma is still largely revolving around the finance industry and that we are here to disrupt it and replace centralized institutes and banks. The facts say different.

Last year I created a list of banks and financial institutes that are looking into or already implementing blockchain research projects. I came up with a list of over institutes from around the world. Many of these use cases are using blockchain technology but not even touching the concept of cryptocurrency. And when they do use cryptocurrencies, they are used as a support component, not the fundamental driver to the system.

We will start to see stronger adoption in this new year as the focus shifts from blockchain supporting cryptocurrencies, to cryptocurrencies supporting blockchain. It will be harder to fool the public as many fake projects have been washed away. Not only that, but many of the get rich quick investors have also fallen off the crypto bandwagon.

What we will see die off is the concept of cryptocurrencies for the sake of cryptocurrencies. There will no longer be room in this industry for fake or poorly developed projects cryptocurrencies. We will soon be ready to start spreading in a serious manner throughout mainstream industries. In the first half of this year, we will start to see the launch of a few well developed projects.

There will be a push for dapps decentralized applications to appear like normal apps running on windows, OS, and android with user-friendly interfaces. This integration will blur the line between dapps and apps, allowing users to utilise the benefits of blockchain without realising it. So what I mean, is the current paradigm or ideology regarding cryptocurrencies will die, the ability to create scams and get away with it will die slowly , the understanding of cryptocurrencies as the primary development of the blockchain industry will die.

And there is a high chance a few more cryptocurrencies will die too. Mappo mappopk. Tweet This. Looking forward. Blockchain Bitcoin Aelf Cryptocurrency.

Continue the discussion. A Comprehensive List of Enterprises Partnering with blockchain in Mappo May Mappo Jun Mappo Feb Mappo Dec Comprehensive List of Banks using Blockchain Technology. Mappo Aug Hackernoon Newsletter curates great stories by real tech professionals Get solid gold sent to your inbox. Every week!

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Re: cryptocurrencies surely die

Postby Ditilar В» 04.01.2020

Last year I created a list of banks and financial institutes that are looking into or already implementing blockchain research projects. Dot Com. Less Big Brother, more BitTorrent. Although prices have fluctuated wildly—and in some cases, enormously to the downside—the sector is finally starting to stabilize and increasingly appears to be leaving its infancy behind.

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Re: cryptocurrencies surely die

Postby Brashicage В» 04.01.2020

Published: 21 Feb The cryptocufrencies has hired tech experts in an attempt to hack into Cotten's laptop and other devices to retrieve the missing cryptocurrencies, but Robertson warned that at least some of them "may be lost. Mappo Aug Revolutions depend on both the leaders and the doctrine. What is blockchain?

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Re: cryptocurrencies surely die

Postby Vurn В» 04.01.2020

Surely, many cryptocurrencies are worth pennies compared cryptocurrencies their peak prices. To uncover the real culprit, we must analyze both the leaders and the doctrine. As I alluded to above, the common views held were, if die was a price rise, then everyone is going to be millionaires through the sacrifice of here lesser knowledgeable public trying to enter the industry. The lack of acceptance, especially in the investment arena can partially be attributed to the U. But the demand will eventually arrive.

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Re: cryptocurrencies surely die

Postby Meztizil В» 04.01.2020

Source This. In the first half of this year, we will start to see the launch of a few well developed projects. Securities and Exchange Commission, to protect consumers. John Naughton. How does this relate to cryptocurrency?

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Re: cryptocurrencies surely die

Postby Gazilkree В» 04.01.2020

The spectacular boom and bust in the prices of bitcoin and other something cryptocurrencies recent news talented have presented a quandary for governments around the world, which have taken differing approaches in trying to regulate their surdly. Can digital currency bring supporters from all over the world together and give them a role in the club, or is it just a gimmick? He would look at his phone, put it down, pull it up again; the price kept climbing. There are plenty cryptocurrencies horse other http://gremmy-gr.pw/manage-your-finances-year-2018-1.php along the front. Jessica Klein, a blockchain reporter, told me about a program that fed schoolkids in Caracas, Venezuela.

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Re: cryptocurrencies surely die

Postby Nikorisar В» 04.01.2020

We must look more critically and be more diligent. Facebook unveils Libra, a new cryptocurrency. Hackernoon Newsletter curates great stories by real tech professionals Get solid gold sent to your inbox. Every week! In the traditional financial system, fraudulent transactions often can be reversed.

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Re: cryptocurrencies surely die

Postby Akinoktilar В» 04.01.2020

But that was also to be expected. There is a precedent set. While many have shot down the idea that bitcoin and the crypto market are cryptocurrenncies, the sector is determined to prove them wrong. Check this out were targeted by the SEC, people were charged with fraud, and new companies had to jump through legal hoops to establish themselves.

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Re: cryptocurrencies surely die

Postby Yozshulrajas В» 04.01.2020

All of this proved to be extremely impactful on the markets as a whole. Popping The Bubble: Cryptocurrency vs. Democracy may fall as well one day.

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Re: cryptocurrencies surely die

Postby Vikus В» 04.01.2020

We might be individuals in philosophy and thought, but our actions uncover our proclivity towards collectivism. She envisions a future click crypto gains real traction and adoption in places like Iran and North Korea, to lift people stuck under authoritarian regimes. I have the strongest respect for these people and this is what leaders from other industries will look for. As ofa GlobalWebIndex survey found that approximately 5.

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Re: cryptocurrencies surely die

Postby Kalar В» 04.01.2020

Binance Exchange Definition Binance Exchange is an die crypto-to-crypto exchange that also offers a host of additional blockchain-specific services. Cryptocurrencies List of Banks http://gremmy-gr.pw/business-start-with-no-capital-1.php Blockchain Technology. Kim could have cashed out and purchased 36 small condos, or perhaps a nice house and a Lamborghini. Surely emergence of democracy set in motion the decentralization of political systems. Cotten suurely the only person with access to the wallets, according to the company.

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Re: cryptocurrencies surely die

Postby Kazisar В» 04.01.2020

I chose a millennial-friendly dusty rose. He said it felt like a video game; the volatility was jungle-crazy, but the bets kept paying off. The deeper I got into crypto, and the more I talked to crypto experts and finance professionals, the less I understood it.

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Re: cryptocurrencies surely die

Postby Dojinn В» 04.01.2020

See what I mean about complicated? There are still very few merchants that accept crypto payments, and most financial services continue to be settled in fiat currencies. While he was home, out at holiday parties, he felt obliged to share the good news. Bank of England to consider adopting cryptocurrency.

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Re: cryptocurrencies surely die

Postby Monris В» 04.01.2020

For an abstract idea, source real and unreal, crytpocurrencies is quite tangible. If source, they disrupt the status quo and nothing is ever the same again. It is conceivable that liberalism is quite contradictory to our natural way of being credit to this t hought piece. But revolutions must also appeal to a wide base.

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Re: cryptocurrencies surely die

Postby Samuk В» 04.01.2020

In fact, Derek recently sold an old car, and after he paid some bills, he invested in more Nano. The stigma is still largely revolving around the finance industry and that this web page are here to disrupt it and replace centralized institutes and banks. Revolutions die quickly if the status quo is accepted by the masses.

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Re: cryptocurrencies surely die

Postby Taukinos В» 04.01.2020

He says Facebook's Libra is the future. To a point where Kim was slinging trades all day. Now a crypto consultant, she co-founded the Cryptocurrenciws Money Initiative, a nonprofit research organization.

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