It's human nature to be fearful of new technologies. Back in the 1830s when the train was first invented in Britain, it was universally panned. Frightened passengers believed that breathing in steam vapors could kill them, or their eyes would be damaged by adjusting to its velocity.

Those fears obviously didn't come true, which brings up one of the key tenets of investment success -- embracing new technologies while others remain skeptical. Not only do one's worst expectations seldom come true, but such innovation could be years or even decades ahead of relevant regulations -- giving investors an ample time period of clemency. Let's look at why it's important to keep this thought in mind for the rising blockchain industry, especially for Bitcoin (CRYPTO: BTC) and Ethereum

Image source: Getty Images.

Continue reading


Source Fool.com