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Wednesday, January 10, 2018
Monday, January 8, 2018
As prices of Bitcoin And Ethereum Increase, So Have Transaction Fees.
Report on Cryptocurrencies claims that:
1-"Cryptocurrencies have now ascended to speculative values that actually preclude any non-speculative uses."
2- "They have become so expensive that they are preventing innovation."
3- "This is fine if you’re just speculating, trading hundreds/thousands of dollars worth of tokens at a time. But it is crippling if you’re actually trying to build an app that people use for anything else."
Source: Techcrunch.com by Jon Evans 2018/01/07
Labels:
Bitcoin,
Cryptocurrency,
Innovation
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