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Are cryptocurrencies about to go mainstream?

theguardian.com

1–10 of 84 posts

Re: Are cryptocurrencies about to go mainstream?

#7
This article can be summed up by the bottom page quote “Prices right now aren’t being driven by network usage, they’re being driven by speculation that tokens are going to appreciate. It’s a gold-rush mentality.”

Also everytime I see yet another Ethereum story I think of http://www.paulgraham.com/submarine.html

Re: Are cryptocurrencies about to go mainstream?

#10
Not until they can really explain to the average Joe why cryptocurrencies are such a good thing.

Because at the end of the day, privacy is nowhere near as important to many people are it arguably should be, and trying to market cryptocurrencies as 'independent from government control' is likely a losing proposition.

Same with most of the reasons involved I've seen invoked for why to use Bitcoin or the likes online. They're logical, but they're also likely to fly straight over the heads of most of the population.

Add the deliberate way that governments and the media try and portray cryptocurrencies as being used for 'criminal' purposes (which has given these currencies a bit of an image problem), and you've got something that seems very unlikely to ever truly go mainstream.

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