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Is the Crypto Dance and Blockchain Boogie Over?
It was the wave of the future, and within a year scammers, hackers, and regulators killed all the fun.
It was the wave of the future for a hot minute on cable news and online it seemed, and within a year scammers, hackers, and regulators killed all the fun. Now, if you hear anything about Bitcoin the cryptocurrency or blockchain technology, the odds are the news probably isn’t anything positive. So for the layman on the street, is all this internet witchcraft going anywhere or was it a one-time thing? Well, the answer is kinda complicated.
When cryptocurrencies became more of a household name towards the end of 2017 during its historic bull run, everyone and their grandmother thought of these alt-coins as the next penny stock which would take them from in-debt to millions overnight based solely off consumer speculation. Many new HODLRs and investors didn’t have a clue what they were getting into but they knew it was making some people boatloads of cash, which was good enough for many who saw their fortunes go from the moon to crashing down to reality, sadly. Now, the wave is gone and the cryptomarket seems to be at a healthy, normal rate as of right now.
sound money and technology is the ultimate consumer revolution…