Entrepreneurship in Blockchain may not necessarily be related to the price of Bitcoin

in #busy6 years ago

We know that making the decision to invest in the Blockchain field can be difficult, it is a new trend and we certainly do not know what the future will be, and if we add the volatility that characterizes digital assets such as Bitcoin, choosing becomes a more arduous task. Although certainly, those who have dared to do so have not repented.


Source

Agustín Ferrari, founder of Atix was quoted by Crypto247 saying:

"Someone who is determined to use the blockchain's potential and disruption is not affected by the Bitcoin price variability"

Ferrari alleges that today one of the biggest concerns of enthusiasts is the fear of losing their jobs if the price of the first cryptoactive product collapses or, failing that, as some say "the bubble explodes".

Ferrari points out that it is important to stop discussing Bitcoin as a currency and start talking about Blockchain as a technology because of the advantages it offers. And in fact, many banking entities around the world highlight the value and potential of the chain blocks at the same time that they exclude the cryptocurrencies of the matter.

Crypto247 reports that Ferrari explained in Bitcoinday, an event in Buenos Aires in which he was a speaker, that his enterprise provides blockchain solutions to companies that seek to change their business model so as not to be left behind in the revolution that Bitcoin introduced to the world.

"At Atix we focus on the creation of digital products taking advantage of how this technology is transforming all business models and industries," Ferrari said.

Subsequently, Sebastián Wain, consulting director of CoinFabrik and developer of blockchain solutions for different companies, pointed out that Bitcoin's price volatility does not affect blockchain-based projects because "in general, investors put long-term expectations".

In addition, blockchain is not the backing of the cryptocurrencies, but the technology on which they are based, which is why it is not listed as a value, so people can feel safe about the blockchain if prices ecosystem will collapse.

On the other hand, cryptocurrencies, at least for now, tend to rise in the long term, so this can be beneficial. A real problem could be the confrontation with very strict regulatory scrutiny that can significantly affect the market.

An example may be when Facebook banned cryptocurrency ads. At that time, prices plummeted even though it was not a measure issued by a country. This is a small sample of what strict regulations can do.

"What happens in the short term is not that significant. In these cases, a factor that would eventually have more impact would be, for example, a hostile regulatory environment. If the operation of exchange platforms in certain jurisdictions is prohibited or limited, there will inevitably be fewer projects of this type, "Wain was quoted as saying by Cripto247.

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