This Is Why Crypto Traders Will Fail
Cash only business in Tokyo, photo by @kryptoking
Crypto traders might not realize that cryptocurrencies disrupt ALL business from the foundation. Of course we have seen with recent ICO’s that they are a means of raising capital. But that is a distraction from the larger implication that cryptocurrencies and the blockchain are a fundamentally new business architecture.
Most businesses are formed with a business model that seeks to gain profit. But a blockchain business is not that. The cryptocurrency itself creates profit.
And the real value is in the token and what it represents! It is like the engine of your business. The token itself monetizes your business!
Pay attention, does the token function in the wild? Is the use case actually being used, or is it only a white paper? Has the valuation of the token exceeded its use or near term potential?