Five Examples Of Bitcoin’s Real-World Utility
Bitcoin has real-world use cases right now that are major improvements on the dollar and other fiat currencies, even during a bear market.This is an opinion editorial by Trent Dudenhoeffer, a certified financial planner at Watchdog Capital.Believe it or not, bitcoin is money.This may be a hard sell to many of us in the Western world, specifically here in the United States. I get it; the dollar is the reserve currency of the world. Yes, there is inflation, but it’s not that bad, despite today’s inflation being the highest it’s been in more than 40 years.I don’t....
Related News
The problem with Bitcoin, historically, is that it has been a tool purely for speculatory purposes, with no real value or utility behind it. However, all that is changing as RSK gives real world utility to the Bitcoin blockchain. Investing in cryptos is especially dumbfounding for investors these days. As Elon Musk manages to move […]
NFT tokens are taking over the investment scene these days, with unbelievable valuations and all kinds of brands and major artists rushing in. On the technology side SmartKey shows that NFT tokens can be used for more than just speculation, bringing real value and utility to the world. The project is now listed on KuCoin, with support for trading SKEY starting on March 19, 2021. SmartKey Brings Blockchain Technology to Real Life SmartKey is a platform that connects the DeFi revolution with real world objects. Unlike so many projects in the field that promise a lot but have nothing real to....
“Where is the utility?” they asked. It’s been a core component of the NFT discussion since the earliest days, and increasing amounts of NFT use cases unfold each week. Look no further than the real estate market this week, as the internet has been brewing on a specific South Carolina home that had it’s deed […]
Australian basketball media company, Basketball Forever is using NFTs to massively increase fan engagement. Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to increase NBA fan engagement and provide substantial real-world utility for the tokens. Critics of NFTs have consistently taken aim at the supposed ineffectual nature of the tokens, with “right click save” memes doing the rounds. However, more recently there has been an uptick in utility-focused NFT projects, such as Bored Ape Yacht Club and Top Shot, where holders are provided....
Billionaire entrepreneur, Shark Tank judge, and crypto investor Mark Cuban locked horns with World Mobile CEO Micky Watkins this week over the utility of projects built on Cardano. Cuban has historically been critical of Cardano and its utility and recently turned to Twitter to voice his skepticism around the potential for success of Cardano-based projects in Africa. The post led to Cardano advocates speaking out on Twitter. The community voiced their perspective on the blockchain’s ability to deliver real-world services. Cuban responded he had not seen much adoption of Cardano....