Which One Should Investors and Entrepreneurs Pursuit: Bitcoin or Blockchain?
The volatilities of Bitcoin during the time of its existence in the world of the economy or even the growth it is experiencing in these months, lead to a very fundamental question: how much are the capacities of Bitcoin and cryptocurrencies for economic and scientific investment? It seems that the capacity of cryptocurrencies such as Bitcoin is very high and in the near future, it will revolutionize the mechanism of the payment world and payment orders. However, what is this capacity derived from? Isn’t it Blockchain that provides these amazing capacities of connection and interaction for cryptocurrencies? What field should investors and entrepreneurs look into entering and implementing; Blockchain and services that are offered based on it or investing in Bitcoin?
The Future of Entrepreneurship and Investing in the Field of Cryptocurrencies
The capacities of the crypto and Blockchain world are very high. Various applications will be available to the public through the existence of decentralized and extensive infrastructures such as Blockchain; however, it seems that the public is still ignorant about its applications. New technologies are always faced with challenges at the beginning of their path by the general public finding their capacity and application. For example, when websites had entered the world of technology for the first time, their use was limited to offering information similar to brochures in the infrastructure of websites. However, as time passed, smart companies such as Amazon emerged from the heart of them that had found out precise and correct capacities and opportunities from websites and the virtual world.
It is for this reason that sometimes, instead of focusing on the product of technology, we should pay more attention to its infrastructure. Currently, Bitcoin and other cryptocurrencies, are the products of the Blockchain technology, and it seems that in order to reach more success in this field, more investors need to invest in the Blockchain technology.
Blockchain, the Main Actor of Future Technologies
If we want to explain Blockchain in simple terms, we should say that it is a network that connects individual users in a chain through the possibility of registering numerous transactions. This infrastructure is used to make transactions with cryptocurrencies such as Bitcoin. As it seems, this technology can be used in making different connections. This makes us suggest that entrepreneurs and investors go toward Blockchain and leave working on special cryptocurrencies.
Blockchain on the Rise?
Some believe that if the world of cryptocurrencies and Blockchain were to be prosperous, this would have happened after 10 years. However, since Blockchain and its belongings are still unknown to a huge part of the world, its growth is not a possibility. Such an approach is very negative and wrong. It should be considered that new technologies related to cryptocurrencies are much more complex than the previous generation of technologies that were offered to the world. Even the virtual world itself has a simpler nature than Blockchain. As a result, in order for this new technology to be fully accepted, more time is needed. A time through which the general public will be aware about the capacity and especially the applications of Blockchain.