The future of crypto money

in cryptocurrency •  6 years ago 

The future of the cryptocurrency is gradually getting brighter with the number of companies interested in developing it. people from all over the world also know the crypto currency and invest in it, and also the more sophisticated and complete blockcain technology makes people more trust with cryptocurrency

The future of the crypto currency is gradually getting brighter with the number of companies interested in developing it.

i think there are a couple of things that you are confusing with each other here.

  1. those idiots who call themselves "company" and run an ICO to scam people and take their money.
    this obviously improves nothing except the scammers financial situation!
  2. real companies that talk about the blockchain technology
    they will create centralized blockchains which also improves nothing
  3. altcoins that are being created left and right
    These can improve things but it rarely happens because similar to ICO's these are also mostly shitcoins and scams to fill their own pockets.

People from all over the world also know the cryptocurrency and invest in it, and also the more sophisticated and complete blockcain technology makes people more trust with cryptocurrency.

This is also two different things that you are confusing.

  1. more people getting involved with the technology and using it as a currency.
    which only happens to bitcoin and nothing else because bitcoin is the only "currency" that exists and others are virtual and without usage.
  2. newbies throwing their money away in hopes of getting rich.
    which obviously does nothing except wreck the market and make the pumpers richer.
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