Cryptocurrencies: The New Species

Abstract

Bitcoin, but there are other serious players in the game such as Ethereum, NEO, and Ripple, to name just a few. 2 Cryptocurrencies extend beyond the pre-established limits, and thus do not fit easily into the existing paradigm. 3 In fact, their scope is so vast, it is almost impossible to predict their future impact. 4 It is a bit like attempting to estimate the possible size and magnitude of an unknown type of fully mature tree from its tiny infant seed.*So, perhaps we should not limit our imaginations too much with rapidly redundant frameworks and limiting definitions.*The objective of this article is to widen and expose the field of interpretations and understanding of cryptocurrencies while providing some stimulating, inspirational thoughts regarding the unprecedented opportunities and dilemmas cryptocurrencies face.*This mini-thesis has been written almost like a stream of thought, rather than a concisely researched document.*This is because it does not attempt to meet all the criteria of empirically proven research.*As such, some of its statements are unproven, unquantifiable, and unquoted.*Currently, complete examination is impossible because cryptocurrency, and the blockchain technology supporting it behind the scenes, is a rapidly evolving organic phenomenon-it is swirling, moving, and adapting. 5 At this stage, it is impossible to predict accurately what will global simulations.He is a regular contributor to the World Bank doing business reports from 2015 through 2018.