Cryptocurrencies, in turn, do not have such a clear status of use as a blockchain. Of course, we can say that they are independent units for calculations, but they are independent because the blockchain makes them so. No one will say for sure how long the fashion for cryptocurrency will last, because in a decentralized way it is quite possible to send Fiat if agreed with the government.
Cryptocurrencies do not have very strong prospects and their fate depends on how governments perceive their status. We can expect both the extinction of this movement in favor of several strong coins, and the growth of cryptocurrencies that will be created by many services as loyalty systems. 
Topic: Cryptocurrency are gonna disappear - page 12. (Read 2471 times)
"Cryptocurrency will go to nothing but blockchain will survive" - Jim Rodgers.
Link to the article: https://goldsilverbitcoin.com/jim-rogers-bitcoin-blockchain-cryptocurrency/
Link to the article: https://goldsilverbitcoin.com/jim-rogers-bitcoin-blockchain-cryptocurrency/
Reading too much of an article which does not totally support their claims will bring no good to you and to the community. If that's the case then try reading the history of Fiat currency. First they think that using money for trading will not prosper but look at what happen today, it still go on without looking back to what it was before. Time will come that people will embrace cryptocurrency and this will never die nor go back to zero.
The advantages that the blockchain offers, namely, decentralization, security, transparency, will eventually become the most relevant. And without them, modern companies will remain in a worse position than those who have already integrated the blockchain into their systems.
What he calls 'Blockchain' has nothing to do with what I would call 'Blockchain'. I have a slight feeling, that Mr. Rogers doesn't know jack shit about either 'Blockchain' or Bitcoin' or any cryptocurrency. He probably only knows that its price goes up and down.
The funny thing about his statement is that he stated that eventually the government will interefere with the bitcoin rise , but not blockchain.
We can't deny the fact that it happens to some countries. However it is also undeniable how the government is going to adopt blockchain tech just like what had happened to Bangladesh.
Tho, he also have good points. It is the controlling game from the government that is going to challenge bitcoin economy. However this being untraceable is still much powerful and the main reason why even if there are certain governments who already have pointed their guns out, its people are still using it.
We can't deny the fact that it happens to some countries. However it is also undeniable how the government is going to adopt blockchain tech just like what had happened to Bangladesh.
Tho, he also have good points. It is the controlling game from the government that is going to challenge bitcoin economy. However this being untraceable is still much powerful and the main reason why even if there are certain governments who already have pointed their guns out, its people are still using it.
"Cryptocurrency will go to nothing but blockchain will survive" - Jim Rodgers.
Link to the article: https://goldsilverbitcoin.com/jim-rogers-bitcoin-blockchain-cryptocurrency/
Link to the article: https://goldsilverbitcoin.com/jim-rogers-bitcoin-blockchain-cryptocurrency/
Jump to: