Cryptocurrency - Just a Means to an End. What about Mass Adoption?

Most of us are familiar with and understand the various types of cryptocurrency. We have Store of Value coins such as Bitcoin and Litecoin. Privacy coins like Monero, Dash and Zcash, Utility Tokens that derive their value from providing access to a platform such as social media and Security Tokens.

More recently we have seen the emergence of exchange tokens following on from the success of BNB (the Binance token). Over time BNB has grown to become a major cryptocurrency, heading towards the top 5, and with the recent trend of IEOs (Initial Exchange Options), Binance offers BNB holders many advantages further increasing the value of the coin.

There has certainly been a lot of change in the last year or so; some good, some bad; mostly revolving around profitability and the dollar value of coins and tokens and not the technology itself. When it comes to ‘blockchain technology’ adoption, I haven’t seen too much to be excited about. Let’s take stock and review the current landscape. The cryptocurrency space is riddled with hypocrisy. Advocates of this life-changing technology are on one hand promoting the blockchain and its benefit to our civilization, whilst on the other hand, focusing purely on its dollar value.