By Scott Broomfield
However, as powerful as BC is and will become, I agree with Jamie Dimon, CEO of JP Morgan, that people speculating on BitCoin are at great risk. I believe the BitCoin bubble burst will look similar to the Dot.com bubble burst and 17th century 
Tulips. ICOs are likely to burst as well. These bursts will be a failure of a particular implementation of BC, but not BC itself. Further, I agree with my friend Jason Bloomberg, who writes for Forbes, on his BC perspective, which is simply that one needs to pay attention to the irrational exuberance of BC in terms of what it may do in the near-term. The road will twist and turn, there will be many failures before we see the successes. Further, the successes will most likely come in unexpected forms and only a very few will reach ‘Power Law’ impact. Remember, we overestimate technologies impact in the short run and underestimate technologies impact in the long run.
Read the entire article at https://www.linkedin.com/pulse/blockchain-we-trust-scott-broomfield/
