With interest growing around the world, there has never been a better time to learn more about the incredible potential of cryptocurrencies.
ATM use is in decline. As technology sends transaction costs towards zero, banks will no longer be able to charge exorbitant fees for standardised, commoditised services. Growth will have to come from elsewhere. This is a sign of things to come for Aussie banks.
It seems the Aussie government is finally warming to bitcoin. Depending on your point of view, that could be a bullish sign. Or it might mean it’s time to get out and run for the hills.
Bitcoin for the masses... It’s a tantalising prospect for the crypto community at large. Whether you already own bitcoin or want to get involved, the latest rumblings from Wall Street should be good news.
When it all goes wrong, it’s not the already-wealthy who really suffer. It’s the average person on the street. And it’s that average person on the street that bitcoin and cryptocurrency can help to avoid financial disaster when the existing system fails them eventually again.
NEO is definitely stuck between a rock and a hard place. The important thing for NEO now is to continue to prove its critics wrong. And it’s already working on just that.
Analysts are now pessimistic for bitcoin’s future in China. The Chinese government’s views on digital tokens has escalated quickly. They want to ensure financial stability within their market, and they see cryptocurrencies as a market distributor.
Bitcoin should always be discussed first and foremost as a currency. The end-game isn’t seeing one bitcoin worth half a million dollars. The goal is to make those half a million dollars seem as alien to the everyday consumer as one bitcoin is today.
The crucial thing for new investors to understand is that the technological development enabled by this breakthrough technology plods on regardless of the price volatility. And some exciting breakthroughs happened just last week...
Bitcoin’s phenomenal price growth gets most of the headlines. But long term, it may be the blockchain technology behind bitcoin that proves to be more revolutionary. And it’s some of the newer cryptos that are exploring that potential.