The creators of Bitconnect consider it "decentralized P2P-Crypto-currency based on an open source code that allows people to store and invest their money in a government-unchecked currency and even earn a significant return on investment." Critics of Bitconnect consider it a financial pyramid, which rewards the first customers and leaves the rest with nothing. While cynics can assert the same thing about many crypto-currencies, there is evidence that Bitconnect and the truth may be unclean.
Bram Cohen, the creator of the famous BitTorrent file sharing protocol, announced that he was one step closer to "solving the problem of centralizing Bitcoin." In an interview with TechCrunch magazine, Cohen said that Chia's network, its long-standing project, positioning itself as an alternative to Bitcoin, could be launched by the end of 2018. The "very hot" round of initial investment allowed the project to get out of the underground and hire a capable developer, which is necessary for Chia's currency to offer itself to investors.
In five years, the use of state currencies will come to naught, since they will be replaced by cryptocurrencies.