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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