Bitcoinâs volatility misses the main game
While bitcoin bounces up and down in value like a yo-yo, there are real-world applications being used by business and government that utilise the crypto worldâs underlying blockchain technology.
May 21, 2021 â 12.00am
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Volatility in the price of bitcoin obscures sensible discussion about the looming transformation of the global economy from the use of its underlying blockchain technology.
Constant focus on the speculative side of bitcoin distracts from the paradigm shift in thinking required when everything is decentralised, thanks to the use of bitcoinâs proof-of-work consensus algorithm, or variations of it.