Post
Topic
Board Economics
Re: Blockchain enterprise adoption will grow in 2020
by
Sanugarid
on 10/03/2020, 14:45:13 UTC
Well,blockchain adoption doesn't always mean Bitcoin adoption.Most of the forum members and Bitcoin Core supporters want Bitcoin adoption.I don't care about blockchain adoption if it doesn't include Bitcoin.
Most of these news will remain just news.The actual implementation of blockchain technology will take years and the benefits of such implementation are yet to be discovered.And yeah,Coca Cola really sucks. Grin
Well, bitcoin has been the pioneer of all the crypto coins we have right now so we cannot really blame them for always mentioning it when it comes to global adoption. In my observation, I don't think it would give us good results if ever bitcoin would be the only one to become adopted in the global monetary system. It would be way better if other potential coins like ETH would be legalized and regulated too so that we wouldn't depend on a single currency alone.

People say this every year - "this will be a big year for blockchain", "adoption is coming", but the actual stats show that majority of the companies don't want blockchain, and majority of the developers are very skeptical about it. These big companies that you mentioned can afford to blow some money on hyped things like blockchain because it may boost their stock or raise their publicity, so the fact that they talk about blockchain doesn't mean much to me.
Maybe at some point it doesn't make sense whenever we say that "this year is for the blockchain" but still we should somehow see it as an optimistic approach of the investors. Even though huge business firms doesn't really want blockchain, still as time passes by and as crypto becomes more appreciated, we will surely see those business firms rushing forward on crypto as it gives better results for other business and for the economy.