Like any nascent technology, cryptocurrency has to go through its paces before becoming widely used. Theories on electricity were published as far back as the 1600s, but electricity didn’t arrive into homes until the late 1800s. Even today, there are still around one billion people around the world who live without it. It’s not surprising, then, that in just one-decade mass cryptocurrency adoption is still a long way off.
Read MoreAbout a month ago I wrote a post called 'Bitcoin going Banana's'. At the time, I pointed out I had made $10AUD turn into $150AUD with Ethereum - an alternative, but superior cryptocurrency (or 'Altcoin'). Earlier today I posted on facebook that the same $10AUD Ethereum is now $280AUD and not 12 hours later that same $10AUD is now worth $315AUD.
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