This new digital currency model will destroy cryptocurrencies market
I've heard a lot of it since I was new to crypto. There have been projects that thought the same of targeting the crypto market and blockchain saying that they're the killers of it. But right now, where are they? I even forgotten their names and the projects that have tried to kick out these two but they did nothing.
ly stage, for now, let's see if that's going to work. Otherwise, this is another buzz project that are making people gullible that it's doable.
Would be very hard for a newcomer to compete with the current crypto market. Many will claim to be the best, but we all know where they will end up with. Most of them will be abandoned after few months of launching or else, once the dev team pocketed some money, they will disappear without warning.
Even if we say top or known personalities are behind on this, we can't guarantee if the public will patronize such project.
That's what will happen to them most likely. So, based on all of those that I have seen, they're proclaiming as if everything is going to be easy and they'll dethrone crypto too easily. I wasn't skeptical at that moment because I was still young in the market and naive and thought that they were really amazing with all of the words and proposals that I'd read from them. But my mistake there was that I didn't do that much research and that made me a gullible guy on them. So, the lesson there is to always apply what we're advising people to do and that's to DYOR. It's really going to save a lot of trouble from those projects or technologies that might convince us that it will be able to kick out crypto and blockchain.