Cryptocurrency has recently gained a huge boost in popularity across the planet but this massive interest is not without its stumbling blocks, according to business expert and activist investor Jason Hope. Even after Bitcoin and other cryptocurrencies have recently fallen in value due to their volatility, some portion of people are still interested.
While others might think the crypto bubble has burst, Jason Hope, an entrepreneur and futurist, has a different take on the situation. The business leader´s assessment of blockchain technology is that it will continue to evolve and refine itself; the plunge in value for Bitcoin is just one dip in the overall road to progressing this technology.
Activist investor and philanthropist Jason Hope holds firm to the notion that cryptocurrency will be around for quite some time, more than enough time to alter future businesses. For example, “Overstock.com” has chosen to accept payment for goods in Bitcoin, and even “MasterCard” has grown comfortable with the notion of processing transactions involving cryptocurrency.
Bear in mind that Bitcoin sees an average daily transaction count of over 300k, often with an included fee that often incurs no more than 1% of the total value. When you consider that a major credit card company and e-commerce site is open to crypto and the potential for low-fee transactions, the business leader seems far from insane in his forecasting. At the end of the day, Jason Hope assures, blockchain technology is going nowhere, even if some cryptocurrencies have degenerated in value or suffered from volatility.
On the note of volatility, the business mentor foresees that cryptocurrencies will soon stabilize for a long enough period for more companies to join Overstock.com and MasterCard in their willingness to incorporate them into commerce. For the time being, all that enthusiasts and investors such as Jason Hope can do is hold on to their crypto and continue to observe as blockchain continues to prove itself as a valid form of commerce for the future.