Enabling Cryptocurrency Transactions Key to Going Mainstream

May 31, 2018 08:00:33

NetworkNewsWire Editorial Coverage: Whenever bitcoin or other cryptocurrencies are discussed, two primary predictions seem to prevail. Either cryptocurrencies are history’s greatest bubble about to burst, or they’re new undervalued global mediums of exchange worth untold millions. The actual outcome is likely to rest somewhere in the middle of these two extremes. Some pundits have compared the rise of cryptocurrency to the dot-com bubble, suggesting the fintech trend is worthless and on the precipice of a titanic bust. Remember, however, that even though the dot-com boom produced plenty of fiascos, it also gave birth to the likes of Amazon and Google. As cryptocurrency markets become more standardized and regulated, both winners and losers will shake out. Realizing these digital mediums of exchange will likely integrate into the global financial system in a significant fashion, evaluating companies that enable cryptocurrency transactions makes sense. Companies at the vanguard of facilitating global cryptocurrency transactions such as Virtual Crypto Technologies Inc. (OTCQB: VRCP) (VRCP Profile), PayPal Holdings, Inc. (NASDAQ: PYPL), Square, Inc. (NYSE: SQ), Broadridge Financial Solutions, Inc. (NYSE: BR) and Green Dot Corporation (NYSE: GDOT) will not only accelerate universal adoption but also have the potential to emerge among the biggest winners in the entire crypto universe.

The Internet of Money

Imagining the potential of cryptocurrencies is like trying to imagine the potential of the internet in 1992. In less than 20 years, the internet transformed interactions around the world and has permanently impacted lives. Reflecting the envisioned potential of cryptocurrency, the fintech creation has been christened “the internet of money” by Andreas Antonopoulos, a world-leading bitcoin and blockchain expert. He and many others believe that the decentralized technology of cryptocurrency has potential far exceeding…

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