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!
If there is still money in power and being that this money is in few people's hands I don't see how it changes much in that aspect. It should even more focused than now at that.