Venture capitalists invest in new businesses in exchange for an equity stake. Whether they make any money at all, or how much they make, is determined by the success of the target business. Hence, venture capitalists are selective about what they invest in, but high growth potential is a key expectation, often in 3–7 years. Continue reading “Traditional Venture Capitalists Funding Blockchain”
If you’re a proponent of Bitcoin, you likely consider it to be the future of currency. Others underscore its volatility and abuse by bad actors, terrorists, and international drug cartels as representative of a bad idea.
According to this analysis by UBS, a Swiss multinational investment bank, a significant liability is that its networking capabilities are too slow. Ethereum is much faster, but still not up to the scale necessary for processing massive transactions.
Regardless of where you stand on the current state of Bitcoin and cryptocurrencies in general, things will change. And new technologies that impact large swaths of international populations don’t always accomplish such in a linear fashion.