Selected Crypto Articles of the Day

Hello Steemians, the best articles i have read today

Every day, i read 12 to 15 articles; i choose the most interesting and summarize them in points for you.
Interesting articles, hope you enjoy them

Article no 1:

Nobel Winning Economist Shiller Says Bitcoin ‘Bubble’ May Be Around For A While

Summary:

• Nobel Prize laureate for economics Robert Shiller believes that while Bitcoin (BTC) might be a bubble, that doesn’t mean that it will burst and be gone forever. Shiller, who is currently a professor of economics at Yale University, referred to BTC as “another example of faddish human behavior. It’s glamorous”

• According to Shiller, there is a “part” of the cryptocurrency “fad” or “bubble” that is political, as people that don’t trust their governments may be tempted to invest.

• He said: "I'm interested in Bitcoin as a sort of bubble. It doesn't mean that it will disappear, that it'll burst forever. It may be with us for a while."

Personal Opinion:

It does not need a Nobel Prize winner to know that cryptos will form a bubble and burst, of course it will, but blockchain and cryptocurrency is an idea

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Article no 2:

Samsung is entering the Mining Business

Summary:

• New from Intel as the world’s main seller of chipsets, Samsung has affirmed that it has begun manufacturing ASIC chips which are used to mine Bitcoin, ether as well as also other cryptocurrencies.
• Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers.
• Samsung currently produces high memory chips for GPUs, which might be utilised to deal with images on computers however, may also be set up for mining goals.

Personal Opinion:

When a company like Samsung, prepares itself to produce chips for mining, what do you think the future for cryptos will be, those people have done their due diligence, and saw that a huge opportunity lies ahead, now cryptos are not “user friendly”, time is needed to develop applications that can be used easily by all people, and as I always say, the entry door for cryptos to the mainstream are the next generation social media, hopefully Steemit smart media tokens will be the trigger, as for people who are still new in the crypto world I say, if Samsung is entering this economy, you better prepare yourself.

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Article no 3:

Wall Street Banks See Share Prices Fall While Crypto Markets Surge

Summary:

• While Wall Street giants JP Morgan and Citigroup experienced strong first-quarter earnings, their share prices overall fell, the Wall Street Journal (WSJ) reported Friday, April 13.

• JP Morgan’s share price is now around $110, down 2.7 percent, Citigroup’s share price is now around $71, down a little more than 1.5 percent, Wells Fargo also experienced a first quarter increase in profits of 5 percent to $5.9 billion, adding the caveat that the numbers could be recalculated after a potential $1 bln regulatory settlement, WSJ notes. Wells Fargo share price was around $50 by market’s close yesterday, down more than 3 percent.

Personal Opinion:

i did not post this article to say that cryptos will overtake stock business nearly, those stocks fell slightly, and we see this decrease every day in the crypto world, I just want to say that those stocks will fell much more in the future(3 to 5 years), because a huge part of wall street will move to the crypto business.

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The content is intended to offer general information only. It does not provide legal, investment, tax, etc advice.

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