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RE: Jitterbug Blockchain Cryptocurrency Challenge

in #kryptonia7 years ago

Thank you for the thought provoking task @joanstewart. The reason I love cryptos the most is the way they disrupt the financial industry, which hasn't been done for decades and the double-spending problem cryptos solved in the process. I also love cryptos because its given people a new way to innovate and produce technology in a new way that hasn't been done before. However, there are also many things that make me uneasy about the future of crypto. One being the fact that regulations are getting stricter and stricter as more and more people learn about cryptos. However, its not the regulations per say that are the most unsettling as some regulations are needed due to the many scams that have pop-uped in the crypto space as a result of the easy money that comes with many ICO launches. The most unsettling thing for me personally in the space of cryptos is the fact that I believe most of the cryptos currently on they market will not be around in another 5-10 years and it will be difficult to foresee/determine which ones are for real and which ones will be the result of pump and dumps and scams.

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Some great points raised about cryptocurrency @tspink remember to do a post and use #kryptonia as your first tag, looking forward to reading.