Times have surely changed. I remember when the Internet was the biggest thing since sliced bread. Now it appears that apps (applications) has taken over. Apps are widely used more than our good friend Internet explorer or our first cousin, Safari. Why is that? I think the millennials made this happen. Seriously, people are so attached to their phones and convenience seems simplicity of apps makes them more user friendly. For example, it’s much easier to go straight to your YouTube app as opposed to taking the longer way in putting your search in the Internet search engine and waiting for YouTube to pop up and then a third step searching for the YouTube video you want. It’s much quicker using the app. The practicality of these apps take away from the search on the Internet. In the article, The Mobile Browser Is Dead, Long Live the App, the author stated, “Users are turning away from the browser and relying on applications.” (Spence, Pg.1) This statement is entirely true. The future seems to hold big changes for the Internet and apps. The digital market place will change because more and more apps will be created and less Internet.
Technology has increased and improved over the years and inventions like Bitcoin has become popular. According to CNN Money, “Bitcoin is a new currency that was created in 2009 by an unknown person, alias Satoshii Nakamato. Transactions are made with no middle men-no banks!” In recent years, everybody wanted a piece of Bitcoin until people started realizing they were scams. In the article, The Fierce Battle of the Soul of Bitcoin, the author stated, “It could have lost them to hackers or worse, steal them outright. These rip-offs were already an all-too-common occurrence in the nascent bitcoin world.” (Voorhees, Andersn & Newton, Pg. 2) I remembered this year my girlfriend at work her fiancé hurried up and sold his shares in the company because Bitcoin was going down. Now, Blockchain on the other hand seems like they will stick around. According to the article, Blockchain Will Disrupt Every Industry, the author defined Blockchain as, “a digital, distributed transaction ledger, with identical copies maintained on multiple computer systems controlled by different entities.” (Tapscott, Pg.2) This is a good deal because Blockchain is like a recording and that can be less scams like in the case of Bitcoin.
I believe that digital currency does have a future. Blockchain more so than Bitcoin but even the next invention of digital currency might fare well. It’s always time for a change and with technology changing every day and getting rid of the “middle-men” people would gravitate to this style of banking more than our dinosaur predecessor, the go between-a la banks. Digital currency is here to stay!
Works Cited
money.cnn.com/infographic/technology/what-is-bitcoin/
