The State of Cryptocurrency, Mid-2017 Edition

Main takeaways:

  1. It’s not that hard to get up to speed.
  2. Overall, the cryptocurrency ecosystem feels younger than I thought.
  3. Blockchain is the technology that will let lifestyle businesses cross the chasm from fringe to mainstream.
  4. Micropayments still aren’t going to work.
  5. Money leads to Power which leads to Centralization.

Cryptocurrencies and their technologies can seem overwhelming, but it’s easy to get up to speed.

“I really only started reading up in depth on cryptocurrency and the related technology like blockchain three months ago, and felt like I could at least follow all the talks.

If you want to get up to speed, you’re only a couple Saturdays of reading away…”

—Pearson, Taylor. “The State of Cryptocurrency, Mid-2017 Edition.” Hackernoon.com. August 16, 2017.

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