Post
Topic
Board Bitcoin Discussion
Re: Which will survive in long run Bitcoin or Blockchain???
by
Jennifer.mathew731
on 20/11/2018, 12:47:28 UTC
Blockchain is the new revolution in the world of digital technology. Both bitcoin and blockchain technology are indispensable. Bitcoin is a byproduct of Blockchain technology and both go hand in hand. However, if we talk about which is to stay longer then obviously Blockchain technology is expected to be here in the long run. Blockchain is a revolutionary technology which is going to transform the entire financial ecosystem. Blockchain is like the internet in the 90’s and now we all know what impact do we have in our lives because of internet. Many industries have already realized the potential of blockchain technology and adopted it widely.
On the other hand, Bitcoin is a just a digital currency which is in the form of a digital ledger backed by the blockchain technology because of which it is accepted across the globe. Bitcoin is the father of digital currency. Bitcoin is going to do to banks what email did to post office and Amazon did to retail. Due to its high volatility, it is giving a lot of investors reasons to doubt its sustainability in the long run. As per the current scenario, bitcoin market has undergone a dip yet people are risking their money in it. What the future holds for Bitcoin, that only time will tell. So, it is wise to say that, Blockchain technology will survive the test of time which might not hold true for Bitcoin.