Why Ethereum Traders haven't cashed out

in cryptocurrency •  8 years ago 

In May, multi-billion dollar investment firm Fidelity revealed that the company has been mining Ethereum and utilizing both Ethereum and Bitcoin as payments in order to grasp a better understanding of the two technologies.

"We have built proofs of concepts that accept Bitcoin micro-transactions. We set up small Bitcoin and Ethereum mining operations, just done in the spirit of learning,” said Fidelity CEO Abigail Johnson.

However, the vast majority of early investors have invested in Ethereum for its long-term vision of establishing an ecosystem for decentralized applications; an ecosystem that is censorship-free, transparent and fair for users, developers and stakeholders.

https://cointelegraph.com/news/why-havent-ethereum-traders-cashed-out-yet

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!