Re: How is the crypto industry going to look like in 5–10 years?
5-10 year span? So many things may bappen within that period. But let me give the positive and negative prediction
Positive: Despite the bad news brought by the bears, different countries will legalize the use of cryptocurrency because of a security system or policy that they have created to lessen the risk and maximize the security for investors. This will boost the demand for cryptocurrency. Increase in demand will lead to decrease in supply and will lead to an increase in value.
Negative: The bears will continue reigning and countries will legalize some cryptocurrencies but they will also impose tax of which many investors and especially businessmen do not like. More people would use ICOs and other projects for scam which in turn would scare more potential investors.
Hoping a thousand times for the positive one.
Positive: Despite the bad news brought by the bears, different countries will legalize the use of cryptocurrency because of a security system or policy that they have created to lessen the risk and maximize the security for investors. This will boost the demand for cryptocurrency. Increase in demand will lead to decrease in supply and will lead to an increase in value.
Negative: The bears will continue reigning and countries will legalize some cryptocurrencies but they will also impose tax of which many investors and especially businessmen do not like. More people would use ICOs and other projects for scam which in turn would scare more potential investors.
Hoping a thousand times for the positive one.