VUCA stands for volatile, Uncertain, Complex and Ambiguous. Well how can relate this with cryptocurrency ?
Volatile -- liable to change rapidly and unpredictably, Similarly Crypto market is behaving like no one can predict future value.
Uncertain -- There are many uncertainties which can effect cryptocurrency market i.e. Govt. regulation.
Complex -- Cryptocurrency is working on blockchain technology which is very complex for understanding how it is actually work or created. It is not hack able very much complex for hackers to hack thousands of computers at one time. It is not trackable also it can show transaction has done from one account to another but not tell who did it,
Ambiguous --open to more than one interpretation; not having one obvious meaning. There are people who supports crypto but there are people who does not support crypto at all.you can take example of warren buffet he has stated many times that crypto will die and vice versa.
Volatile -- liable to change rapidly and unpredictably, Similarly Crypto market is behaving like no one can predict future value.
Uncertain -- There are many uncertainties which can effect cryptocurrency market i.e. Govt. regulation.
Complex -- Cryptocurrency is working on blockchain technology which is very complex for understanding how it is actually work or created. It is not hack able very much complex for hackers to hack thousands of computers at one time. It is not trackable also it can show transaction has done from one account to another but not tell who did it,
Ambiguous --open to more than one interpretation; not having one obvious meaning. There are people who supports crypto but there are people who does not support crypto at all.you can take example of warren buffet he has stated many times that crypto will die and vice versa.
What's the point of this thread?You don't have a thesis,you just explain a bunch of terms.
The crypto prices seem to be far less volatile thna they used to be in the previous years.This is a good sign.
Uncertain?Everything in this world is uncertain...
Complex-The blockchain is complex for the hackers,but actually it's not that complex for the newbies to understand how it works.
Ambiguous-Do you expert 100% of the people worldwide to support crypto?No way.This will never happen,and that's OK.
