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Published at Tue, 25 Dec 2018 05:00:00 +0000
Fortune has devoted the entire front page of its first 2018 edition to bitcoin, announcing it has “all the answers” about its behavior this year.
In an of the potential upsides and downsides for investors over the next twelve months, the publication focuses on bubble fears and includes some surprises from cryptocurrency industry figures.
“Just like the platypus is not good at being a reptile, a beaver, a duck, or an otter, but it’s great at being a platypus,” Blockchain Capital’s told the publication in discussing bitcoin’s status.
bitcoin is not good at being a currency, a commodity, or a fintech company, but it’s great at being bitcoin. It’s creating its own category and asset class.
Mainstream media outlets have turned on the largest cryptocurrency over the past weeks as prices cool off from highs of $20,000. That cryptocurrency, in general, is in a bubble has become a go-to theme for many publications, while some have conversely taken to championing specific coins at the expense of bitcoin, notably with bitcoin Cash.
Brian Armstrong, CEO of US wallet and exchange Coinbase, meanwhile “confided,” as Fortune describes it, that the bubble narrative is a “probable” explanation after all.
Speaking about the overall total cryptocurrency market cap, Armstrong declared:
We probably are in a bubble. […] We haven’t really earned the value of that half trillion.
Deserving or not, that market cap is expected to continue trending upwards, with bullish investor forecasting a one-of-a-kind “global” bubble unlike any other:
The fact that this is our first global mania… will make this the single most speculative bubble of our lifetimes.
Should that perspective hold true, cryptoassets’ utility will likely prove crucial in allowing them to retain value and prevent spectacular investor losses.
That topic is especially pertinent to Ripple in the first week of 2018, as unprecedented price highs are countered with criticism that the platform’s XRP token is less than reliable due to client businesses not needing to .
What do you think about bitcoin’s treatment by mainstream media? Let us know in the comments below!
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Re: 台湾中正大学被要求改名 校方：改成阿里山大学？ 中新网3月1日电 据台湾《中国时报》报道，昨天是228纪念日，但有学校蒋中正(蒋介石)铜像被破坏，更有团体要求以“中正”为名的学校必须改名。台“教育部次长”蔡清华表示，学校内要不要有蒋中正铜像，或是“中正”的校名要不要改，由各校自行决定，台“教育部”不会强迫。 辅大校园内的蒋中正铜像昨天(2月28日)被学生破坏，而有“独派”团体要求台当局全面拆除所有蒋中正铜像，并更改以其名字命名的街道、建筑物或机构，包括中正大学、中正纪念堂等。 蔡清华说，以“中正”为名的学校，是不是要将名字改掉，学校可以通过校内民主程序去讨论，台“教育部”不会一定要他们怎么做；至于校园内的蒋介石铜像，也由学校自行决定去留。 对于被点名要求改校名，中正大学发表声明表示，校方坚守政治中立、学术自由的立场，对于各方意见，予以尊重。 中正大学副校长柳金章表示，多年前学校曾讨论要不要将“中正”的校名改掉，但后来不了了之，最近校内没有人再提起这件事。他说，中正大学位于嘉义县，当初成立时不一定跟蒋介石有直接关系，如果要改名，“难道要改为阿里山大学”？ 柳金章指出，学校改名兹事体大，中正大学已成立28年，校友遍布各行各业，一旦改名，校友的认同将受冲击，而且毕业证书、学校财产登记等，都要重新处理，这是一个大工程，“不是说改就能改”；除非校内或校友有人提案主张修改校名，才会启动讨论程序，否则现在“中正大学”的名字应该会持续下去。 (Why?) Published at Thu, 02 Mar 2017 06:06:15 +0000 [wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]