In the recent interview with CNBC, expert Kin-Wai Lau believed that the world is going through ‘the second wave of the frenzy of Bitcoin and cryptocurrency’. This fluctuation is largely due to the large-scale adoption of cryptocurrency by individuals and businesses. I have to say that large-scale adoption is indeed a question worth pondering.
Even though this year isn’t like last year’s bull market, Bitcoin price reached an all-time high of $20,000. Regardless the recovery speed of the market is taking real slow, but people’s attitude towards cryptocurrency is quite positive. The cryptocurrency exchange adds new pairs of transactions, and the hosting service is storing new crypto assets.
Even though SEC turned down the application of Bitcoin ETF again, it doesn’t mean Bitcoin ETF is useless. Rejecting these applications does not deny the universal utility of bitcoin or blockchain technology, nor does it deny its value as an innovation and investment. So do all the cryptocurrency.
Golem crypto is a peer-to-peer network platform that provides computing infrastructure in a decentralized manner to create a global computing market. They call it the ‘global supercomputer’ and anyone can contribute to it or buy it from it. The network is protected by the Ethereum blockchain and is used to promote a direct and transparent payment system between the three user groups of the ecosystem.
As a new circulation media user, advertiser and content provider, BAT ICO coin has greatly improved the efficiency of digital advertising. All of this is done on the Ethereum platform.
See, cryptocurrency and blockchain could benefit the world and contribute to the society.
There is no doubt that the social consensus that embraces the blockchain and cryptocurrency is a powerful sign of the second wave. Those who accept cryptocurrency and blockchains early will enjoy many benefits with the large-scale adoption of cryptocurrency on a global scale.