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?
We don't really need them but once human greed comes out to play then there is no telling what will happen. Even now that we already have so much coins in the market, you are still seeing people bringing in their own coins not minding whether it is the clones or the same thing as coins that have already being in the market as long as they are making money