While skepticism has been expressed by the media and public about bitcoin and other cryptocurrencies, the growth in their market capitalizations along with rapid technological innovation foretell of a future in which they will become more widely adopted and even mainstream.
Part of this skepticism is due to the disruptive nature of bitcoin and other cryptocurrencies. By cutting out the middle man, they will eventually make transactions cheaper, and will consequently leave behind more archaic forms of payment out of business.
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