Is it the future of investment?
Is Bitcoin a short-term digital disruption or is it pegged to be the alternative currency of the future? While it offers a cheaper, faster, more transparent, and more secure way of exchanging money, Bitcoin is too unstable a commodity to place our bets on right now. Plus, whatever its future status, it’s unlikely that Bitcoin would ever replace or even be on par with government-issued money.
On the other hand, blockchain is certainly a revolutionary technology that will change how transactions, finance, and in fact, several industries work. It has been described as having the potential to impact the investment market in quite the same way that Amazon shaped e-commerce and the retail sector.
Though traditional investments aren’t going to disappear, those who don’t get familiar with the blockchain system may find themselves at a disadvantage as the public sector, banks, and corporations move forward to incorporate blockchain use. It’s safe to say that investments are going online.