Savvy cryptocurrency users are therefore maniacally protective of their private keys, typically storing them in multiple digital locations — although generally not Internet-connected, for security purposes — and on paper or in other physical form.
Early cryptocurrency proponents shared the goal of applying cutting-edge mathematical and computer science principles to solve what they perceived as practical and political shortcomings of “traditional” fiat currencies.

Blockchain technology can be conceived as a form of next-generation business process optimization software from a business standpoint. Collaborative technology, such as blockchain, promises to improve business procedures between firms, cutting the “cost of trust” dramatically. As a result, it may provide much better returns per dollar invested than most traditional internal investments.
The strengthening of coherence in bubble regimes is much less prominent in the short and long term. In the short term, the effect of bubbles may be hidden by the effects of daily news items and intraday trading activity. It is also seen that in the short term the relationship between online factors and cryptocurrency prices are erratic and generally weak; there is little consistency as to whether the price or factors are leading, though slightly more negative relationships exist in this period band. The erratic relationships over the short term suggest online factors may not be best predictor in the shorter term.