Bitcoin mass adoption

It was first created to replace cash, but not all cryptocurrencies are designed with that goal in mind. Ameer Rosic, Bitcoin mass adoption of Blockgeeks, says blockchain technology is still likely eight to 10 years from mass adoption.

It’s a beautiful, beautiful sunny day here as it typically is,” says Ethan Erkiletian from Nassau, Bahamas. Half a year ago, Erkiletian moved to the Island of New Providence, a move he said his investments allowed him to make, “cryptocurrency being the primary driver. He first got interested in cryptocurrency in 2012. Today, he works as a consultant for individuals and businesses interested in learning about how the blockchain technology behind cryptocurrencies will impact their industries.

20,000 per bitcoin lately, increasing more than 1,600 per cent since the start of the year. It’s also an extremely volatile investment. In December alone, its value rose almost 80 per cent, and then dropped by 40 per cent on Dec. 22 before slowly climbing back up.