[ Spotlight ] New TechCrunch Article - Discussing the many paths to adoption and stability in cryptocurrency - With good mentions of Bitshares & Steem!

in #newslink • 8 years ago

Author Neil Haran is an angel investor and cryptocurrency advocate. He’s also here on Steemit as @neil-haran.

Neil is active in the Fair-Coop / FairCoin community, as well as Peerplays and Steemit. He has been reaching out to others in the cryptocurrency space in search of strategic partnerships, and over the past few months, we’ve been having some rather insightful and wide-ranging conversations. I’m impressed by Neil’s passion for extending the benefits of blockchain technology to communities the world over.

I thought I would share this article here by way of introducing Neil, and in the hopes that it might inspire a dialogue as to the potential for collaboration between our respective communities.

What’s keeping cryptocurrencies from mass adoption?


image source: TechCrunch

Speculators flocked to Bitcoin and many of the alt-coins in hopes of getting in early and making a big exit, but everyday users haven’t warmed to cryptocurrencies.

There are many reasons why, but one of the largest barriers to mainstream adoption is the price volatility of cryptocurrencies.

So the question is, why do the prices change so much in the first place? It comes down to supply and demand: Most cryptocurrencies have only a fixed total supply, and yet demand for the coins is uncertain and constantly fluctuating thanks to speculation.

Of course, it’s easy enough to talk about the problem — coming up with a solution is quite another matter.

...Continue Reading on TechCrunch

Please extend a warm Steemit welcome to Neil,
and the Fair-Coop / FairCoin community! =)

#press #cooperation #fair-coop #faircoin
8 years ago in #newslink by
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     8 years ago  

    Thankyou so much for the warm welcome Brandon @lovejoy and to the Steemit community! I very much appreciate it and am honoured to have us be given this opportunity to collaborate with such an amazing community! I have forwarded this to FairCoop and I look forward to the future bright with so many possibilities!

    Best,
    Neil

    [-]
     8 years ago (edited) 

    Hello @neil-haran

    Thanks for sharing this timely piece, i rarely follow links that leads to other websites, but with the intoduction given by @lovejoy, i knew that your piece was a must read.

    I feel that we just need to find a way to educate people more about crypto currency.
    Followed you

    Thanks

    [-]
     8 years ago  

    Absolutely! I'm excited to continue the conversation with you all. Any chance to join forces with like-minded crypto-advocates I will take. Cheers!

    [-]
     8 years ago  

    Hello @lovejoy

    I believe that the number one reason that cryptocurrency have not been given attention is due to the lack of education, we need to find a way to simplify the learning, i have tried explaning the Mining process to people but most don't fully understand it.

    We need to find a way to simplify the learning process, so that more people can come on board.

    Thanks

    [-]
     8 years ago  

    Hopefully Steemit is, and continues to become, just such a place to simplify the learning process... :) Cryptocurrency and blockchain technology is not an easy topic to cover for most people, it's true. But if you know what matters to your audience, you can reach them there. Is it stable value? free speech? I'm looking forward to the further evolution of this whole conversation. Thanks for commenting! Cheers.

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       8 years ago  

      Thank you for sharing! A link to your post was included in the Steem.center wiki page about Steem/Steemit In the News. Thanks and good luck again!