Cornell University Teacher Gives Bitcoin Roadmap For Crypto Coin Market Cap Crossing $1 Trillion

Cornell Professor, Emin Gün Sirer, who is crypto friendly recently gave the outline fr cryptomarket cap crossing a trillion dollar. He focused on scaling issues, real use cases, and decentralized solution.

He was reacting to an article by the economist.

While the paper makes some good points, it commits a cardinal sin: never argue from price. Prices can rise and fall for all kinds of reasons, including unrelated things in the global environment. https://t.co/VWOXPb3IRD via @TheEconomist

— Emin Gün Sirer (@el33th4xor) March 28, 2019

He added:

“For a while, prices rose thanks to Willybot at Mt. Gox. Then crashed. Then they rose with the Tether pump. They are deflating now. Meanwhile, the tech has been fairly stationary, its limitations are well known and understood. That understanding isn't well distributed, partly because the coin pumpers actively create and maintain echo chambers, and partly because people become willfully deaf to rational discourse when they invest.”

He went on to talk about SEC’s regulations holding the ecosystem back.

On a side note, this is why the SEC has all those regulations: to protect people from their own stupidity. It makes no sense to rail against government regulation while treating crypto as a cult in heavily censored forums where people are actively misled.

— Emin Gün Sirer (@el33th4xor) March 28, 2019

He further added:

“Crypto winter will end. We reached $700B with inherently unscalable technologies. We will surpass $1T when we figure out how to scale, how to build non-custodial solutions, how to layer apps that people want to use and that bring net positive outcomes to society.”

Beginning on April 12th, the Cornell Blockchain Conference will bring together business people, entrepreneurs and academics to speak on the evolution of the industry, future of blockchain and its potential revolutionary impacts on other fields. Prof. Emin Gun Sirer will also be a part of the event. Also featured will be several Cornell alum who have founded firms that take part in the cryptocurrency business, including Tendermint CEO and co-founder Jae Kwon ’05, Tezos CEO and co-founder Kathleen Breitman ’12, and co-chair of Blank Rome’s Blockchain Technology and Digital Cryptocurrencies Group Michelle Gitlitz ’98.

https://bitcoinexchangeguide.com/bitcoin-btc-ethereum-eth-ripple-xrp-value-forecast-top-crypto-coin-price-chart-analysis-today/