Bitcoin in 2017 has reached more than $3,400 in value. In addition to this, there are many altcoins that are becoming available in the market as well. Could Bitcoin and blockchain technology be the future? Could it make businesses such as Western Union obsolete?
There are businesses that are now adapting blockchain technology including Microsoft and IBM. This only means that it is possible that technology responsible for Bitcoin is probably here to stay.
As for the cryptocurrency, there is still a chance that it could fall from the top position of the cryptocurrency food chain.