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Re: Why I think the crypto market will be worth about $6 trillion by 2019
by
isaac_clarke22
on 28/01/2018, 14:53:43 UTC

3. There's widespread and mainstream awareness,  but very little mainstream adoption.


This. To be honest everyone already is aware of Bitcoin. They just don't care what it is,why does it exist, and how is it going to benefit us as a consumer in the market. There are many countries with few people that adopted Bitcoin already and they will make an effort in getting everyone's attention into it on how great could it contribute in the future of finances. The only thing that nullifies this are the regulation and banning of Bitcoin in a specified country. Regulation could be great because government could help promote the Bitcoin in other countries but expect taxes that might cause reduction to investors. Banning is what makes it worst for people to adopt. Only the interested one will do everything to learn Bitcoin even if banning was done in that country although there aren't that many people that will try that because of fear of law. It is quite fascinating that it reaches the media though, it could help the Bitcoin a bit to spread out adoption around the world.


4. We're going to see at least one governments currency collapse soon, with that nation switching to cryptos. That will begin a widespread acceptance of cryptos as legitimate.


It is gonna be a war, trust me. Cryptocurrencies especially Bitcoin is really decentralized and government will try to take over it by being the one to dictate the price. Investors need to fight even harder to make the government currency collapse soon or prove its legitimacy to the public so we can gain a lot of investors that will believe in cryptos and everyone will follow. Right now, government is stating to put regulation in cryptocurrencies. It is always the time to prove the cryptos are powerful for the future.