Forget bulls and bears - blockchain tech is here to stay
THE conversation around cryptocurrencies often focuses on short-term market movements but this focus should instead lie on blockchain projects building something real. Entrepreneurs are using this technology to build products that will have a transformative impact on society while existing commercial and financial players plan to implement blockchain into their existing business to enhance their service offerings.
To those who understand blockchain's real and special potential, market fluctuations are irrelevant. Instead, they know that fluctuations will only serve to weed out the industry's weak links. Furthermore, regulation around the industry is evolving as rapidly as the space itself, providing supportive frameworks and stability for legitimate blockchain projects.
This increased and clarified regulatory guidance will open new opportunities for blockchain developers and investors, creating alternate and secure means of fundraising that will reduce the current fixation on cryptocurrency markets.
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