Blockchain Technology and Cryptocurrencies

Ground Truths

• Nakamoto solved the payments riddle -avoiding double spending 
• Money is but a social & economic construct
• We already live in an age of digital money 
• Append-only logs & multiparty consensus provides a peer-2-peer alternative 
• Blockchain technology can address verification and networking costs 
• Adoption rests on addressing comparative viability & value proposition
• Crypto markets are rife with scams, fraud, hacks & manipulation 
• Crypto currencies have evolved into a speculative asset class 
• Crowdfunding built on smart contracts & ICOs raised nearly $30 billion 
• Lightly & non regulated markets provide retail investors direct way to trade 
• The potential, though, to be a catalyst for change is real