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What’s Happening to ‘Money’?
Just take the MetaMask pill……
Bitcoin has risen back to new heights, and a lot of folk are pinning this purely on the current climate and Covid-19 fall-out worries. While this may have given Bitcoin a boost, it’s only part of the story. The bigger picture points to market and monetary cycles and the advent of some fundamental changes.
If you’ve been ‘into’ cryptocurrency for some years, perhaps trading it, researching it and — more importantly — experimenting with dapps and new projects, you might be beginning to realise something, even subconsciously. You might be going ‘down the rabbithole’ as it’s referred to. This isn’t just about discovering the many diverse, promising — and not so promising — crypto projects, or… you’ve been tracking all the daily price movements and news updates. In fact, you might be realising that much more is happening…
Bitcoin is just the first — and still vital part — of the story. It showed the way by being the most trusted, and will likely become more interesting as it develops. For now, it still does exactly what it’s supposed to. New networks and projects are attempting to tap into its huge liquidity and its adoption, not as competitors but as enhancers. [Blockstack, is an interesting example.]
But the real story… is that money is changing. Technology is changing money.