Post
Topic
Board Bitcoin Discussion
Re: How well is the Blockchain technology adopting?
by
Artemis3
on 29/09/2019, 19:07:01 UTC
After doing my research, I found that as of August 2018, there were over 1,600 cryptocurrencies. Presently, I'm sure that there's a great increase in the number of cryptocurrencies. This is because almost every time, new cryptocurrencies are created. With this and some other improvements, it is obvious that the Blockchain technology is really spreading. However, a lot of people have little or no idea about the Crypto world.

I was really surprised when I realised that only about 8% of Americans own Crypto money, and they are mostly men.
Some say that the Blockchain technology isn't really going as far as it should because most users don't really confide in others.
What do you think is the reason why the Blockchain technology isn't adopted as fast as we suppose it should?

Your own surprise also should give you the conclusion that, most of those coins are not needed and are destined to fail. There are barely any that approaches Bitcoin's level of decentralization and adoption, and those few with "some chance" to co-exist, are relegated to some obscure place.

Blockchain alone isn't secure, therefore talking about it without decentralization is useless. What, you can have a single node doing a blockchain, that wouldn't be much different than a traditional database would it?

But then you need to learn what a blockchain is, and not use it as a new buzzword because somehow mentioning Bitcoin isn't corporate friendly...