For those who value crypto and blockchain news updates
As we had promised, we prepared a list of blockchain and cryptocurrency events in November 2018. Here they are for you:)
Cryptocurrencies have recorded unprecedented growth over the last years, finding usage in almost every sector of the economy today. This revolutionary industry which started with Bitcoin is now home to over 2,500 projects. One of the major underlying factors that aided this rapid growth is what we know today as an Initial Coin Offering (ICO).
We want more innovations to become real in the nearest time. We are filled with buzzwords, memes, opinions about new technologies, we are filled with future. However, we forget to mention that behind all the buzzwords, technologies and innovations are real people with their past, background, and life. It is just food for thought.
Since the inception and integration of Bitcoin in the market, there have been development of many other cryptocurrencies. The continued acceptance and use of these cryptocurrencies has led to development of solutions in the areas that the initial cryptocurrencies had weakenesses.
Just in case you missed some worldwide blockchain news of this week.
Cryptocurrencies were a buzzword since 2016, even earlier, and still, they are. Lots of personalities thought it will become a revolutionary thing and will spoil the financial market. Different government actions were taken to prevent the crush of traditional finances system.
Since the inception of Bitcoin in 2009, followed by other digital currencies such as Ethereum, the market has seen an influx of several other ICO’s all based on the blockchain technology. The acceptance and incorporation in using these cryptocurrencies, has been faced by several hurdles and setbacks. These setbacks range from regulation by some governments, fraud and also not all population understands the advantages of using blockchain technology to transact.
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Back in 2018 when we first touched on this subject, buying crypto with a regular bank card wasn’t easy. Bankers used to cringe every time crypto was mentioned in their venerable presence, and today, three years later, things aren't that much different: buying Bitcoin with consumer credit or debit cards is theoretically possible, but still is very much frowned upon.