I'm thinking we are slowly moving past the "fraud" stage, because people have started to see that cryptocurrencies are not a fraud. We are currently experiencing the "it's a bubble" wave, which I think will continue until the price stabilizes. It is currently unknown how strong a player bitcoin will be in the finance world in the future, but it will definitely continue to be influential.
lOl @ fraud stage. What does that even mean?
- Bitcoin was never fraudulent, people just don't understand it. I still don't understand it fully, even though the basics are easy to grasp. Most of the FUD stems from misconceptions about how cryto currencies and the blockchain works, the rest is anger and jealousy at missing the boat early doors. Bitcoin may not be the future of finance, but it is shaking things up. Blockchain tech is definitely the future.