Despite Denial, Cryptocurrency’s Decline In Full View At BlockShow Conference

European cryptocurrency and blockchain conference BlockShow made its first US appearance in Las Vegas this week, attracting several hundred of the crypto faithful, intent on trading stories about how disruptive their new world of blockchain was going to be.

Five minutes and four password entries later you finally get your jelly beans, and you only have to pay a 10% transaction fee for the privilege.
Five minutes and four password entries later you finally get your jelly beans, and you only have to pay a 10% transaction fee for the privilege.

However, in spite of the hype, fervor, and intense camaraderie, the cracks in the façade were as wide as ever, as any disruption was all talk and no action. Instead of changing the world, the participants could hardly put together a rational business plan.

Numerous entrepreneurs approached me during the conference, pitching me on their business ideas. With few exceptions, every business plan had some fatal flaw. Here are some typical examples.

Read the entire article at https://www.forbes.com/sites/jasonbloomberg/2018/08/22/despite-denial-cryptocurrencys-decline-in-full-view-at-blockshow-conference/.

Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. As of the time of writing, none of the organizations mentioned in this article are Intellyx customers. The author does not own, nor does he intend to own, any cryptocurrency or other cryptotokens, neither long nor short. Image credit: Jason Bloomberg.

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