RATE Group | Can Blockchain Survive Mass Adoption? Future Perils Disclosed
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Can Blockchain Survive Mass Adoption? Future Perils Disclosed

Can Blockchain Survive Mass Adoption? Future Perils Disclosed

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Prediction can be a bit of a gamble. And when cryptocurrency and blockchain are involved, it wouldn’t be surprising to see people shying away from scrying experiments of any sort. Blockchain gets a bad rep because of its relation to Bitcoin (BTC), the cryptocurrency that many love to hate due to its apparently volatile value. But according to George Gilder, co-founder of the Discovery Institute in Seattle: 

“Blockchain is the future…it will usher in a world beyond Google.”

That’s a pretty hefty claim to make. In order for blockchain to truly flourish as the next “global fabric for value exchanges and thus value democratization,” mass adoption happening in a relatively short period of time is key to success. But, moving forward in the sea of mass adoption, how does the future of blockchain and cryptocurrency look? With companies like Facebook and JPMorgan launching their own coins, will they be able to retain the fundamental decentralization principles of blockchain,…

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