This Is Why Crypto Traders Will FailsteemCreated with Sketch.

in bitcoin •  8 years ago 

P1140731.JPG
Cash only business in Tokyo, photo by @kryptoking

Crypto traders might not realize that cryptocurrencies disrupt ALL business from the foundation. Of course we have seen with recent ICO’s that they are a means of raising capital. But that is a distraction from the larger implication that cryptocurrencies and the blockchain are a fundamentally new business architecture.

Most businesses are formed with a business model that seeks to gain profit. But a blockchain business is not that. The cryptocurrency itself creates profit.

And the real value is in the token and what it represents! It is like the engine of your business. The token itself monetizes your business!

Pay attention, does the token function in the wild? Is the use case actually being used, or is it only a white paper? Has the valuation of the token exceeded its use or near term potential?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!