Re:Digital coins may be on the verge of going mainstream
by dalbasal on Friday August 04, 2017 @04:27AM
(#14927219)
Some of this is (to an extent) semantics. What counts as mainstream. Is spotify mainstream if more people still use CDs or tapes than streaming services? Any definition will be at least partially arbitrary, even if some are better than others.
I think the relevant question is "are digital coins an important part of future money?"
I think it's telling that this article is mostly concerned with investment, fortunes risked, fortunes made. Salacious and dramatic. Not so relevant right now to that question.
Investment has a role en route to "mainstream" but this isn't the bottleneck in 2017. Use is - buying goods and services.
On that front, the article has little to say.
I'm skeptical that cryptocurrencies will last unless a lot more people start buying and selling things, paying bills, receiving salaries... Even if they do last as digital investment assets, I'm not sure it matters much.
I think the relevant question is "are digital coins an important part of future money?"
I think it's telling that this article is mostly concerned with investment, fortunes risked, fortunes made. Salacious and dramatic. Not so relevant right now to that question.
Investment has a role en route to "mainstream" but this isn't the bottleneck in 2017. Use is - buying goods and services.
On that front, the article has little to say.
I'm skeptical that cryptocurrencies will last unless a lot more people start buying and selling things, paying bills, receiving salaries... Even if they do last as digital investment assets, I'm not sure it matters much.