Title: The Cryptocurrency Paradox And Why Crypto Is Failing
Headings: The Cryptocurrency Paradox And Why Crypto Is Failing
The Cryptocurrency Paradox And Why Crypto Is Failing
Cryptocurrency As A Speculative Investment
The Cryptocurrency Paradox

Content: The Cryptocurrency Paradox And Why Crypto Is Failing
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Nov 28, 2018,01:10am EST
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The Cryptocurrency Paradox And Why Crypto Is Failing
Jay Adkisson
Contributor
Opinions expressed by Forbes Contributors are their own. Personal Finance
I cover Wealth Preservation in its legal permutations
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The Great Cryptocurrency Scam (2017-2018)
JDA
An entire industry exists to take advantage of cryptocurrencies. From the creators of individual cryptocurrencies, to folks who sell software apps such as wallets, to companies that are attracting venture capital for vaguely-described synergies involving the retail use of cryptocurrency, to hedge funds that invest directly in cryptocurrency to those who put on conferences on how to get rich on cryptocurrency, literally billions of dollars worldwide have poured into crypto. Yet, cryptocurrency is failing, badly. The vast majority of cryptocurrency have already ended up listed at http://www.deadcoins.com and even the flagship best-of-class Bitcoin as of this writing has lost 80% of its value in the last year. Despite the continuing hype for crypto, seemingly every day makes it look worse as both an idea and an investment. To understand why crypto is failing, it is necessary to understand what crypto isn't and is. Cryptocurrency Is Not A Revenue-Producing Asset. Unlike a stock whose value can be determined by earnings, cryptocurrency provides no income stream to its owner. While some owners like to think of themselves as "owning the technology", nothing could be further from the truth since they earn no royalties if somebody else is using that technology.