Over the last few weeks, the crypto market has suffered from substantial losses. The last months showed once again brutally how volatile Bitcoin – and with it the entire cryptocurrency market is.
Ever since I first read the Bitcoin white paper and learned how the blockchain technology works – I have been a big believer and fan of decentralized currencies. However, for over five years I have been telling people that while the blockchain technology is great and decentralized applications will be the future, there is no value in any of them – neither DAPPS nor cryptocurrencies – unless there is a real-world usage of them.
(more…)