New Constructs CEO David Trainer thinks investors should definitely avoid putting a lot of money into any individual cryptocurrency at this point in time.
Blockchain is the real, sustainable innovation today. "Too often the two are conflated," said Trainer. "I think it's important to point out that blockchain is here to stay. The companies that build applications on top of blockchain may not be because the whole design of the blockchain is decentralization. So, the idea that a particular corporate entity is a gating force in allowing the individual users to access the benefit of the blockchain goes against what blockchain is about. Blockchain is about getting rid of toll takers," he added.
Overall, it's important to focus on technologies and companies that are looking to help bring blockchain technology benefits to society.
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