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RE: Could we be wrong about cryptocurrency? Blockchain without a currency!
The blockchain tech as many people view it isn't how it will exist in the corporate and governmental roles. There will not be coins attached to these blockchains and the ledger will not be completely decentralized. I'd argue that most current blockchains aren't completely decentralized anyways due to the high level of computing power needed.
Time will tell if the coins will even survive. I feel they will, but they will no long be automatically attached to each blockchain but rather be included when it makes sense....or when someone is trying to create instant wealth for themselves like so many of the scammy alt coins out there.
I guess that not more than 50% of the coins we have now will survive.
For each industry max 5 coins will be used. Compare it to the search engines in the beginning of the inernet, the best of those days even don’t exist anymore!
The same will happen to the coins. Some will survive other will be replaced by better ones!
Thx for dropping by!
At best 10% survived. 50% is WAY to high as most serve no purpose whatsoever.
This is like the days of the dotcom boom. So many companies had value just because they owned a dotcom, but the "burst" didn't end the internet. Rather is made it stronger as the scam artists running IPO's with nothing more then hype were done away with and a new higher standard was applied against the companies that already existed. Some of the most valuable companies in the world survived this time frame. I feel that is what will happen with the current coins. The ones that survive will thrive in a marketplace that isn't cluttered with so much trash.