This is a pretty good article, worth the read, from Marcus Swanepoel is the CEO of BitX,
Why Bitcoins Bad Reputation is in the Eye of the BeholderAs an industry insider, it is sometimes very hard to admit that bitcoin suffers from serious negative perception issues: that in the minds of many people bitcoin is still automatically linked to thoughts of drugs, terrorist financing and money laundering.
Needless to say, this has massive implications for all potential stakeholders: It slows down consumer adoption, it has regulators set the bar unreasonably high for bitcoin companies to operate and many banks still refuse to provide bitcoin companies with simple operating accounts.
All of this results in the stifling of innovation, the creation of an unfair competitive environment, and ultimately, a negative connotation for the consumer who is meant to reap the benefits of this new and useful technology.
Weve spent enough time with all these stakeholders to reasonably assert that most of these concerns are driven by perception and emotion, rather than facts and data. Are there risks around bitcoin? Yes, of course they exist in all financial systems.[...]
"My advice is that companies should play very close attention to what is happening, because this will not go away," he said. Layers of middlemen in payments systems face a creeping threat across the nexus of commerce, stockbroking, currency trading or derivatives. Many risk extinction over time."
http://www.telegraph.co.uk/business/2016/03/13/central-banks-beat-bitcoin-at-own-game-with-rival-supercurrencyMy Bet is: a confusing array of influences -- blah blah blah -- will result in an interim phase of faster capital growth in non-free cryptos/blockchain projects.
Then though . . . folks are gonna say, 'What? Cryptos that are a 'tool of state control'? Nah . . . let's try these 'free cryptos' that we've been hearing about!'
Mark (IndiaMikeZulu), Australia
Hard to disagree, Mark. Our industry is reminding me of
Satoshi had it perfect and now some of the stripped-down versions .... well ---- are beginning taste like spoiled broth.