The author seems to go out of his way to demonstrate that he doesn't understand how cryptocurrencies work, and half the article is somewhere between factually incorrect and misleading. It's amusing that he felt the need to demonstrate that the dollar is the more established currency.
At the end he's pretty much correct though. Crypto has a long way to go before it's demonstrated to not just be a speculative bubble. I hope it gets there ... or at least I think I do.
I feel like all these stock market type journalists and investors can't really wrap their head around it. The decentralized nature of it really trips them up.
At the end he's pretty much correct though. Crypto has a long way to go before it's demonstrated to not just be a speculative bubble. I hope it gets there ... or at least I think I do.