Where will crypto be in the future?
Of course, I dont have a crystal ball, but for me Bitcoin -
with capital B, or the technology behind it: the blockchain
- will have a prosperous future.
Its importance goes far beyond bitcoin and payment
transactions as this is just one - and the most banal - of
its application.
My hope is that crypto will completely replace fiat to the point where fiat is no longer relevant. I think cryptocurrencies and decentralized applications have the potential to create a whole new social order. It takes power away from a small amount of people benefitting off the current economic system, and it puts it into the hands of the people.
I know this sounds somewhat idealistic, but I believe it is possible. I just think there may be some road blocks with scaling, and sometimes worry that scam ico's can make a bad name for the rest of crypto.
The potential is really limitless if we do it the right way and don't let legislation from governments stop the crypto movement!