Cryptocurrency Blog

  • The Cryptocurrency Adoption Dilemma

    The landscape has sure changed, from 2012 times, when you could order a 50 – 100 dollar bitcoin miner and make a few thousand dollars from it alone. We now have multi-billion dollar market caps for some altcoins, yet we have something that hasn’t changed, the thought that when you have some cryptocurrency, you need to exit when the time is right into fiat. It’s this exact issue, that is causing the seasonality of prices, and will not equal a sustainable future for cryptocurrency.

    The way many in the cryptocurrency industry handled mass adoption, was by air drops and mass give aways, all stating the profits to be gained when the price rises, however, that’s not the real reason people should be using cryptocurrency, nor is it how you get people to adopt it. It’s how you create a medium where people don’t learn they just use until they can’t anymore. What happens when you give away fish, instead of teaching how to fish, well that’s what we have in the cryptocurrency world now, lots of people who know about cryptocurrency, but don’t understand what it is or how to even innovate on or off it.

    Teaching The World About Cryptocurrency

    Our mission at altcurrencyhelp has always been to teach, it’s why we’re a non profit and why we will try to stay such. The main reason cryptocurrency hasn’t taken off as fast as many would of thought, is because many push the aspect of profits instead of the aspects of data. We can do so much more than transact ledgers online with crypto, we can organize and incentivize the world.

    Innovation spurs development, and demand speeds said development thus innovation even further, so what we’re missing here, is the ability to tell the cryptocurrency story in the proper way, to spur creative thought, and that isn’t going to happen, until we educate the masses about what and how cryptocurrency can change the world.

    Stop saying the old repeated rhetoric, of ” it’s used for voting, shipping, data storage ” and start talking about the nitty gritty, lay it all out and then some. The people of the planet will thank you, we all will thank you, by using this amazing technology to innovate even further to truly bring about justice and equality for once, not just some tired perspective, but an actual view from all.