The growth of any market is on how deep is it penetrated. The same is the case with the crypto market as a whole. No matter how better the coin is, if the less number of people use it, it would be reduced in value.
Talking about these and more was the panel moderated by Mihaela Ulieru, President, IMPACT Institute along with panel members Russell LaCour, CTO of Tantra Labs, Steve Ehrlich, CEO of Voyager Digital (Canada) Ltd, (VYGR.CN), Ken Lang, CTO & Partner of Cosimo Ventures and Les Borsai,Chief Strategy Officer of Wave Financial
What are digital currency funds:
Bitcoin or any other cryptocurrency at its core is a currency that amounts to certain value. Much like any other valuable on earth, value tends to have an upward or downward spike. Digital currency funds is all about the investment on the indexes of the growth of such currencies. It is all about participating in ICOs, buying at low and selling at high.
How to invest or choose which digital currencies to pick?
Talking on how to pick and choose a digital currency, Ken Lang, the CTO of cosimo Ventures from the panel says that value is deterministic. There are plenty of things that decide the value of a coin. Some of these include the usability and feasibility of a currency or a token to the general public.
Security and Technical limitations of Blockchain:
One of the other problems that we face when it comes to digital currency funds is the security and technical limitations. The panel agrees in consensus that this is one of the biggest things that they need to tackle and solve. Solving this would lead to blockchain based cryptos to bigger bridges.
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