Communications of the ACM
ACM Opinion
Crypto Is Crashing Again but Blockchain Will Survive
Credit: Getty Images
The crypto market recently plummeted for the second time in a month, in tandem with a sharp drop in global stock markets. The collapse, not the first of its kind, showed again how the violent swings of a largely unregulated market warp the development of a transformative technology.
But crypto is just one aspect of the larger blockchain universe. Its skeptics and fans alike must learn to see it as a technological experiment, instead of just a blatant scam or a speculative path to riches. The practical, real-world work of developing blockchain technology will keep on going, independent of the histrionics of the market.
From The New York Times
View Full Article (May Require Paid Registration)
No entries found