Cryptocurrency Is Not Going Away But Companies That Don't Embrace It Are
It has always been the same with any technology. When something new and more efficient comes along companies that do not use it go under or find themselves in financial trouble. The main example is Blockbuster and Netflix but you can find several. And it is the same with cryptocurrency and blockchain. When it comes to anything with transactions and/or a digital economy, you will have to switch to a crypto system.
This includes paypal and Visa, who know have to face competition from companies who can do what they do without the fees. This includes all gaming companies who make games and give items that are not on the blockchain. This includes all social media sites that do not reward for your content. And any other site that is not taking advantage of a cheap tool that can provide a lot for you and your users.
It might take time but the change is happening and if you do not keep up wit
h it or people will.
Totally agree once one off the big players start using crypto currencies it’s hard to see how the others can’t and still be competitive. Thanks mike
Yeah things are now probably going to change.
Why would then the gamers play for free when they have the incentives of earning cryptos while playing.
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They will continue to lobby governments for regulations but it will be too late as the public sector itself will see the benefits of blockchain technology!
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