Blockchain and Cryptocurrencies Message Board

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Strategies & Market Trends : Blockchain and Cryptocurrencies

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roguedolphin

To: Sdgla who wrote (286)	1/18/2018 8:53:50 AM
From: w0z	1 Recommendation of 7592

IOW the chain is the disruptor not so much the coin. True, but there is not a single chain. There are many for different applications. Some are public (open source) and some are private (e.g. IBM and others). And there are even some challenging technologies to the blockchain concept itself (e.g. Tangle, Hashgraph, etc). This technology is far from mature and the idea of an ETF or market basket of coins makes a lot of sense to diversify yet still be concentrated in the technology (more than the ETFs described previously would allow). Most of the 1448 coins (as of this moment) will fail but some will succeed and possibly even displace BTC's #1 spot (think about Netscape/Google, MySpace/Facebook, Palm/iPhone, Nokia/Apple-Android, etc).

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