Part 4/8:
The fact that these protocols are operational and expanding lends some credence to the idea that blockchain, in certain forms, can deliver meaningful innovation today.
Economic Conditions Fueling the Hype
A critical factor behind the intense interest in blockchain investments is the broader economic environment. Over the past six or seven years, many Western economies have benefited from unprecedented monetary easing—low interest rates and generous stimulus packages that flooded markets with liquidity.