What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?
1. Yes, surely.
2. It will hit a new ATH, yes. But when? I dunno, we must wait and see (probably in 2020). And IMHO $500K for 2030 is pessimistic.
3. They'll have other choices, but embracing it is wiser when people like it.
4. They'll continue to exist and BTC will continue to exist too. I believe most of them will see crypto as competition forever though.
I also want to say that a financial game or a competition of billionaires may begin in the future in this market. That's just then the price of Bitcoin will already exceed $ 100,000.