Crypto and blockchain are not synonymous

Crypto — like any speculative asset — experienced its fair share of volatility this year. After plummeting to lows of $16,000 following the collapse of FTX in November 2022, bitcoin surpassed $43,000 in December 2023 as part of a rally that some say is just beginning.

But my hope is that crypto’s persistent reputation for volatility doesn’t tarnish the perceived value of blockchain’s underlying technology. 

As we go into 2024, I’m optimistic that the inherent capabilities of distributed ledger technology will extend beyond mere market action. Assessing blockchain’s worth solely through the lens of profit performance overlooks the broader utility and transformative…

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