Bitcoin Still Speculation, But Blockchain Will Be Standard

Bitcoin Still Speculation, But Blockchain Will Be Standard

There is a lot of speculation in bitcoin price right now, still a big part, however, blockchain payment structure will be the standard in three-to-five years from now, according to Stephen Pair, CEO of BitPay.

In an interview with CNBC, Stephen Pair, CEO of the global bitcoin payment service company based in Atlanta BitPay commented that speculation is still a big part of bitcoin prices.

“A very big component of the price is certainly speculation,” said Pair. “It is investors that are speculating on the future usage and adoption of this technology. I am sure a small component of that price is the actual utility.”

Pair commented that implementation of Blockchain technologies is still on an early stage. However, asked about the usage of blockchain-based currencies in daily transactions, he said everybody would use this technology in the next three to five years.

“I used to say ten years, but now I think it is more like 3-5 years until you can go into a restaurant, a retail establishment, and just everybody is going to expect that that store will be able to accept a blockchain payment.”

Pair also highlighted the possibility to have not only cryptocurrencies such as Bitcoin, Ethereum or other tokens but also Dollars and Euros on blockchain platforms.

Blockchain Developer was the hottest job in 2018 – Linkedin

Are you looking for a job? Well, if you are a blockchain developer, you should be happy to see that your job-seeking task will be the easiest one in the United States as Linkedin just named “Blockchain Developer” as the top emerging job of 2018 in the United States.

According to the Linkedin’s 2018 U.S. Emerging Jobs Report, top five jobs in this year were Blockchain developer, followed by machine learning engineer, application sales executive, machine learning specialist, and professional medical representative.

“It also may not shock you that Blockchain Developer is topping the list following this year’s surge in interest around blockchain and cryptocurrency,” says the report.

“Only time will tell if blockchain will be a long-standing trend in the job market, but take note of the jobs that are on both this year’s and last year’s Emerging Jobs lists: Machine Learning Engineer, Assurance Staff, and Sales Development Representative. ”

The study found that Artificial Intelligence is here to stay. “This year, six out of the 15 emerging jobs are related in some way to AI, and our research shows that skills related to AI are starting to infiltrate every industry, not just tech.”

Basic business functions are surging, “AI may be on the rise, but it can’t replace the power of humans,” according to the report.

The largest skills gaps are soft skills like oral communication, leadership and time management. “While hard skills are important, it remains imperative for professionals to maintain their arsenal of soft skills in this rapidly changing jobs landscape because those that have them, have a leg up.”

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