A Very important Memo About Blockchain And Crypto
The head of the international department of the China Banking and Insurance Regulatory Commission has said that
“Blockchain is a useful innovation but that doesn’t mean cryptocurrencies, which blockchain has given rise to, are necessarily useful.”
This is a very important question to point out. Private sector is approaching blockchain, but maybe it isn't interested in creating decentralized coins/token. So, while considering the future of crypto sector, remember that a lot of blockchain applications won't increase market cap of all coins; and, even, many blockchain without coin will challenge tokens and coins actually negotiated on exchange. So stay turned and carefully monitor adoption!
Source https://cointelegraph.com/news/chinese-regulator-warns-against-mythologizing-blockchain
Congratulations @cryptoforecaster! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - France vs Belgium
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes