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How Can Bitcoin Benefit from IoT (Internet of Things)?
For nearly 17 years, blockchain technology has existed.
Like all currencies, Bitcoin has its own history and key events over the long term. However, it has managed to achieve a lot in a short time. In every innovation, there are good times and hard times, with the most challenging events often occurring during bear markets.
You can definitely see a pattern in blockchain technology. However, there is always a solution to these challenges. The Internet of Things (IoT) could be one of them. Projects in this space could serve as a stabilizing factor for Bitcoin during bear markets.
This means that Bitcoin can recover, while IoT innovations, like DePIN (Decentralized Physical Infrastructure Networks), provide real utility to the market.