The story of the printing press can provide some insights. Store of value. Medium of exchange. Hard forks. Altcoins. Price swings. Bitcoin dominance. Energy consumption. Government bans. Beneath all the buzz lies a technological innovation with profound implications. So just how big will Bitcoin and the growing ecosystem of cryptocurrencies become? Will they spell the end of the existing financial order, be buried by it or reach some middling accommodation? Time will tell. But turning back the clock can provide some perspective. Every now and then a technological innovation comes along that has broad social impacts far beyond its apparent
Powered by WPeMatico