Post
Topic
Board Speculation
Re: Potential for future growth of electronic money in 2019
by
audaciousbeing
on 11/10/2018, 18:46:14 UTC
If 2018 is the year a difficulting for the cryptocurrency, investors are expecting a growth in the year 2019. When large institutional investments start to increase Bitcoin prices, the popularity of search terms like "Bitcoin" on online sites will start to increase, this again leads to a new wave in the electronic money community. More and more central banks are researching the use of electronic money, they want to understand how electronic money and Blockchain technology can affect their countries. These are the reasons why electronic money will become more popular in 2019. And you, What do you think about the future growth potential of electronic money?

2019 is just around the corner and its an open secret there are currently some behind the scene researches going on in the utilization of blockchain and its applicability to the current financial system where they can co-exist. However, I would not express much optimism because while four months from now is 2019, so also is the next fourteen months from now and when there is no timeline to an objective, its best to say it will remain un-achievable and that is exactly this open-ended wave that is expected to happen in the new year.

Electronic moneys would be more popular in the coming year but that does not metamorphose into boost for bitcoin because there are several methods that is presently in place which would be improved upon in the drive towards a cashless economy. For the institutional investors, its best not to bank on them because its during the time of increase in plans that there is leaking of news about their own plan to launch just to boost their popularity in the market after which, it goes back to development phase that won't see the light of the day until another increase in price.