The Way Money And Finance Works Is A Little Generalized But That Would Take Volumes To Work Out. It's Still Pretty Close To The Reality Of Our Monetary Systems. Mining Is Essential To Cryptos, And Big Companies Are Taking Notice.
Processors Designed For Block-chain Transactions Are Being Rolled Out. Companies Are Taking Advantage Of The Technology. At The Same Time Though, The Speculative Mining And Investing, As Well As Anonymous Transactions Are Being Slowly Phased Out.
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Bitcoin is just a tiny piece of the puzzle. There is more than just digital currency. What I see is the new level of digital age.
Indeed the blockchain and the mindset behind it is so much bigger then just digital currency. International companies are creating their own blockchains. They are embracing the movement because they believe and know this is just the start of a new age with endless posibilties.
Bitcoin and cryptos represent the present and future of the world economy.
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Well bitcoin is the part of digital renaissance in the world and hopefully this currency will soon rule the world .
There is more to cryptocurrency than this article talks about, though I do agree that it will not kill banks and Bitcoin will not be around in the long run. I actually just made a post today about what I hope will replace Bitcoin, it was just released today: https://steemit.com/cryptocurrency/@byzantinehash/royal-crypto-fork-will-the-real-bitcoin-please-stand-up-learn-about-bitcoin-private-btcp
Bitcoin is a great symbol of the modern age anarchy. It leads a rebellion against banks and centralization, and on that path, it created a beautiful diversity of altcoins. New technologies that caries bitcoin and other altcoins such as blockchain, tangle, and similarly inspired by crypto revolution. Bitcoin might be a bubble, but the kind of bubble that comes from the soap. It may snap and blow off any second, but I assure you it will be back stronger and bigger every time.
Bitcoin ain't ending soon this is just the beguinning