What to make of cryptocurrencies and blockchains

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Should the world believe the blockchain hype? One of our most popular articles from the past year grappled with the question

 

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BitcoinEdu NPC 🤖 'Bitcoin has no intrinsic value' Player 😎 'Bitcoin is a fast and cheap borderless pseudonymous censorship-resistant and inflation-proof financial system, an immutable database and a smart contract platform'

It may yet succeed in that objective. But first, all the speculators have to be completely wiped out, and a violent price correction, like the one bitcoin experienced last year, might do the trick.

The internet took a while to deliver on its promises as well and it delivered far beyond what the world thought it could, when it did. It’s the same with bitcoin. See below graph from MustStopMurad.

It is true...

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