What Could Make Cryptocurrencies Go Mainstream?

in #cryptocurrency9 years ago


Cryptocurrencies as Rewards?
In an opinion piece for Coin Desk, Rich Svinkin of Jaywalk.me shares his views about how cryptocurrencies can generate increased interest among a wider population base. As CEO of Jaywalk.me, Svinkin is involved in a startup which aims to increase physical activity among customers using brick-and-mortar retail reward systems.

Svinkin sees ICOs as a "great engine of growth" for the cryptocurrency world, but he believes that they have so far failed in bringing about widespread adoption of cryptocurrency by the larger masses. Svinkin draws a parallel between cryptocurrencies and computers, saying the early days of computers saw users limited to those who had a deep understanding of the complicated coding which powers the machines. It was only when that coding was hidden behind a simple user interface that computers became widely popular. Then, users could begin to learn about the underlying workings. They did so, however, only after learning to use the basic interface.

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