PYMNTS.com September 18, 2024

People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies that will reshape the financial and payments sectors. This view tends to be held by people and businesses that believe in crypto.

The second view is that crypto and blockchain are mostly scams, that regulators should crack down on the sector, and that the technology serves no useful purpose.

The digital asset industry has been around for over a decade, but those two central questions swirling around the sector’s real-world utility and scalability remain unanswered — with both sides still shoring up their arguments and sharpening their key points.

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