Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, May 21, 2022

Bitcoin and Cryptocurrencies Provide Too Much Value Just to Go Extinct


Bitcoin and other cryptocurrencies provide far too many efficiencies for businesses and consumers for their prices to go down to zero.

Bitcoin facilitates payments for businesses and consumers, stores value for people and companies and the underlying blockchain algorithm provides huge potential economies of scale which are only about 5 % to 7 % utilised.

Cryptocurrencies issued by companies are a way to raise funds, which angel investors and venture capital funds are not capable of providing at the moment. At least, not at the current return on investment and the associated risk.

Bitcoin and cryptocurrencies are directly disrupting the commercial banking, investment banking and asset management industries and the blockchain algorithm has the potential to just change our world.

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