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In Pursuit of Crypto 2.0: The Coming Era of the Blockchain

What should we make of Bitcoin (BTC) and other cryptocurrencies these days? The world’s preeminent cryptocurrency ended 2013 riding high, with supporters proclaiming that it was destined to revolutionize the global financial system. But 2014 turned into a roller coaster ride, prompting some watchers to question both BTC’s market maturity and overall potential. Last year, BTC experienced a 67 percent drop in value ($951.39 to $309.87). That prompted many articles that reflected poorly on the industry, such as by focusing on the Mt. Gox collapse. But despite the setbacks, many cryptocurrency advocates remain bullish about BTC’s future, and their optimism should not be quickly dismissed.   More