Crypto pioneer Jed McCaleb: ‘Most financial institutions are not going to use bitcoin’
2018 was an ugly year for cryptocurrency value. Bitcoin fell 74%; ether fell 84%; XRP fell 84%. Nonetheless, the believers hold on. Talk to crypto enthusiasts who have been in the space for years, and you’ll hear the same refrains about 2018: the price of the assets isn’t what matters most; crypto startups are building tools for the future; it’s still the early days of crypto, just like the first era of the internet, and so on.
