Bitcoin’s X-Factor or What Stops it From Mainstream Adoption
Mainstream adoption of Blockchain, Bitcoin and other cryptocurrencies has been hampered by problems associated with the ease of use, negative public relations and the methodology of application, among other factors. Blockchain is a distributed ledger technology that supports P2P trading without the need for a central market function. While it is most widely known as the infrastructure on which Bitcoin runs, potential use cases are emerging in a number of industries, including utilities. Blockchain is appealing to industries whereby there is a need to accelerate transaction times, remove....
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Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.
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Advertisements for Auroracoin, the Icelandic cryptocurrency, have begun to appear at bus stops all around the country. The advertisement, consisting only of “Auroracoin” in text and the coin’s logo on a white background. The advertisements are part of a public awareness campaign by the Auraráð, or Auroracoin, Foundation. According to Pétur Árnason, Auraráð Foundation chairman, these advertisements are meant to lay the groundwork for a resurgence of the Icelandic cryptocurrency later this year. “We have been preparing for Auroracoin promotion in Iceland for over a year now as we wanted to....
If you do a Google search for “Bitcoin,” one of the top results is still the 2011 Wired article “The Rise and Fall of Bitcoin,” which focuses mostly on the then-falling price (it had dropped from almost $30 to under $5 in the months preceding publication). For most media pundits, the success or failure of Bitcoin is directly tied to the price of 1....
ChangeTip today announced it was integrating Two-factor-authentication on their platform. With the integrating of a 2FA option, the company expects to offer enhanced security to the customers' accounts. ChangeTip knows the importance of security is. So today, we are releasing Two-Factor Authentication to our users. ChangeTip's mission is to enable a truly global economy by reducing economic disparity through the efficient and open transfer of value to and from each other. Together, as a strong and robust community, the company embraces Bitcoin and shows that micropayments are a great use....