The Future of Cryptocurrency and Blockchain are NOT in Finance | Blockchain Central00:12:50

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    This week on #BlockchainCentral:

    In this video, we want to share our first think-piece. In the Blockchain Central office, we often get talking about the future of blockchain, #cryptocurrency, and whether or not certain projects or ideas will survive. But the future of blockchain and crypto is quite possibly not in #finance.

    Blockchain and the subsequent creation of the cryptocurrency with this technology is having a hard time refining the financial structures around the world. Chinas digital currency is looking to be released soon, as well as Facebooks Libra coin, which is attempting to redraw the lines for financial inclusion around the world. But with Chinas cryptocurrency being completely centralized, and Facebooks Libra currency being regulated well before its release, will we see a breakthrough for blockchain financial products?

    Today we tackle this question that we all have been dreaming for an answer to: why isnt blockchain changing the world (of finance)? Bitcoin has been attempting to change the way we transact financially with one another, but as a peer-to-peer currency, it has not reached critical mass just yet. So whats next?

    Dont forget to comment, share your opinion, and if you dont agree, then let us know! The more opinions the better so we can all understand all aspects.

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    Sources:
    https://qz.com/1668426/david-marcus-testifies-on-facebooks-libra-before-congress/
    https://www.cryptopolitan.com/chinese-digital-currency/
    http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?
    https://onezero.medium.com/thoughts-on-libra-blockchain-49b8f6c26372
    https://www.brinknews.com/is-blockchain-a-threat-to-national-governments/
    https://www.investopedia.com/articles/forex/042015/why-governments-are-afraid-bitcoin.asp
    https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory#East_Asia
    https://asia.nikkei.com/Opinion/China-s-plan-to-end-the-anonymity-of-cash
    https://medium.com/tech-tales/could-these-5-countries-be-cash-free-by-2020-45a63762acaf
    https://hackernoon.com/yes-we-can-make-use-of-the-data-stored-on-the-blockchain-heres-how-f941fea6e511
    https://medium.com/@shaanray/what-blockchain-tracking-companies-dont-want-you-to-know-a7897b810466
    https://www.ccn.com/big-brothers-watching-bitcoin-whistleblower-papers-reveal/
    https://onezero.medium.com/thoughts-on-libra-blockchain-49b8f6c26372
    https://medium.com/sandor-report/a-gentle-introduction-to-blockchain-scalability-part-i-42d477898122
    https://www.gtreview.com/news/fintech/ripple-we-are-not-replacing-swift/
    https://www.cnbc.com/2017/07/21/the-crazy-growth-of-bank-fees.html
    https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/#1ac73b056405
    https://www.kitco.com/news/2017-12-10/Bitcoin-Could-Threaten-U-S-Dollar-Dominance-Analyst.html
    https://www.mercatus.org/publications/regulation/mclaughlin-sherouse-list-10-most-regulated-industries-2014
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    Blockchain Central is your #1 trusted source for everything crypto. Our host Blu will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), Security Token Offerings (STOs) and new coins/tokens.

    This content does neither represent financial, legal or tax advice, nor is it supposed to be understood or interpreted as solicitation to buy or sell any securities, coins or tokens!

    Want to work with us? Contact us at marc.gilbert@blockescence.com

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