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If Crypto is the Future, Expect lots of Failure

Abhinav Reddy - Apr 2, 2021

At least 95% of the blockchain-based companies and coins will fail.

 

Expect the industry to be stuffed with hucksters and scammers of all kinds.

 

Consider that there will always be crypto-investor fueled bubbles that will pop time to time. 

 

In fact, these trends are what signal crypto and blockchain-based technologies are here to stay. They indicate that behind the distasteful veneer, there is real potential, and that this is a long-term trend. The key is trying to pick the winners, while ignoring the seemingly-successful, but eventual failures.

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Abhinav Reddy

"It is always impossible, until it is done" - Nelson, Mandela