2016: The Year of Blockchain Hubris
Inconvenient as it may be for some, blockchain is booming. Despite challenges in other areas, blockchain's use as a value routing protocol is developing at blistering speeds, and I would argue, with amazing results. If you know where to look, you can see labor specializing, banking services being extended and information services being globalized. So, why does everyone seem to be talking about the technology's potential tomorrow? It turns out the real 'disruption' is not as uncontroversial or straightforward as some have promised. For speculators that arrived in 2016 looking to strike it....
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You cannot build a house unless you have a strong foundation. After years of mockery and ignorance about Bitcoin and anything related, 2015 has proven to be a lengthy procession of plaudits for Bitcoin’s foundation, the ledger know as the blockchain. Being a former banker myself, I marvel at the double-talk lobbied by mainstream economic leaders like....
2016 is shaping up to be a big year for Bitcoin – but of course that has been true of every year since the cryptocurrency’s creation. Bitcoin.com polled its team and asked this simple question: What does 2016 hold for Bitcoin? Here are our answers. The last seven years have seen all the ground work laid for Bitcoin adoption. Tens of thousands of....
The lure of leverage has created yet another major collapse within the wider cryptocurrency industry.
The world of blockchain technology has seen its fair share of investments throughout the years. Just last year, in 2015, a new record for VC funding was noted. But the recent charts by WeUseCoins seems to indicate the blockchain investment bubble is about to burst. It is not entirely surprising the year 2016 may see a dip in blockchain investments. Other....
2016 has been an exciting year for cryptocurrencies. With most of the major open-source currencies showing growth this year and with some expected to see significant expansion in 2017, 2016 reflects a loss of faith in traditional money systems in light of the global populism trend and a growing confidence in the underlying technologies in play for crypto transactions. As the year comes to an end, CoinDesk took a moment to look at the best-performing cryptocurrencies by market capitalization for the year and the factors that affected the markets throughout the year. For the sake of this....