{"id":606,"date":"2021-07-23T10:47:37","date_gmt":"2021-07-23T08:47:37","guid":{"rendered":"https:\/\/www.mschmidt-webdesign.de\/?p=606"},"modified":"2023-12-11T15:30:58","modified_gmt":"2023-12-11T14:30:58","slug":"what-the-future-holds-for-cryptocurrencies-world","status":"publish","type":"post","link":"https:\/\/www.mschmidt-webdesign.de\/?p=606","title":{"rendered":"What the future holds for cryptocurrencies World Economic Forum"},"content":{"rendered":"

\"crypto<\/p>\n

Because of this distribution\u2014and the encrypted proof that work was done\u2014the information and history (like the transactions in cryptocurrency) are irreversible. But, similarly, corporations that are in more highly concentrated industries, where there is much more market dominance, are the ones that are more able to drive the level of standardization required. You can think of things like stock exchanges, where that is much more the case. The problem arises when we think about the practicality of implementation, which is, what happens to the rest of the market that doesn\u2019t contain this unique identifier? What happens to the precious stones or the artwork that was created prior to the idea of blockchain? There is the potential to bifurcate, and it certainly would depress the value of those precious stones or artwork and goods that are already in the market.<\/p>\n<\/p>\n