Real Traction with Bitcoin Will Come Soon, Says CoinShares’ Meltem Demirors

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Real Traction with Bitcoin Will Come Soon, Says CoinShares’ Meltem Demirors

Tue Aug 14, 2018 1:03 pm

New Technologies Take Time to Understand
Bitcoin and its underlying technology, the blockchain, are often compared to the early days of the Internet. Back in the 90s, no one would have thought that the Internet would be like it is today. Now, though, we rely on the technology to such a degree that many of us can’t imagine a life without it.

For countless advocates of the blockchain and Bitcoin they believe that, with time, the cryptocurrency will become the Internet of the future. Meltem Demirors, chief strategy officer at CoinShares, is one such person. Speaking on CNBC’s Fast Money, she said that real traction will come in time for Bitcoin:

New technologies that shift the paradigm take a long time to really understand.

Since its inception, the number one crypto has gained in popularity. Compared to the early days, it’s now becoming considered a valuable asset to invest in. Interest in it has also risen. Mid-December its value was within touching distance of $20,000 for the first time. A boost in investor trading and the likes of several Bitcoin futures contracts saw new interest from various sectors.


https://www.livebitcoinnews.com/real-tr ... -demirors/

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