Post
Topic
Board Altcoin Discussion
Re: Do we really need a lot of Cryptocurrencies?
by
tonyja2017
on 10/10/2018, 04:16:37 UTC
Blockchain will disrupt these industries Banking and Payments, Insurance, Voting, Forecasting, Government, Crowdfunding, Retail, and Real Estate. Yes, we knew this that blockchain will play a big role in the future of those industries and it's a revolutionary.

But, do we need lots of cryptocurrencies?

More and more companies or startup companies were developing their own cryptocurrencies and a lot more in the future but what's the point of creating or developing it? Maybe we only need 1 for every industry but why does almost everyone develop their own cryptocurrency?
Because this is a potential market for people who want to start a business. For example, I have a bold and interesting idea, but investors did not trust me and did not invest in me. Forcing me to look to the ICO to attract more capital. that's why. Wink