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, Venezuela is one of the recent countries who will start accepting crypto payments, we'll see more countries to start fully accepting crypto very soon.
2. BTC has a strong case for the halvening in 2020, historical data shows that the price increases over time but I think it will not happen EOY this 2019.
3. The government has to accept the fact that blockchain/crypto will overall improve the lives of everyone. Areas from agriculture, healthcare, and more are being improved because of this tech. Even existing offerings in the space are evolving, coin offerings, airdrops to a
new style of airdrop which guarantees you rewards compared to bounties, platform developments like ETH 2.0, and a lot more. We're constantly levelling things up while the government sits on their current systems for decades now.
4. Banks are still hesitant about crypto since it scares them, I feel that fiat may have its own time and crypto will take over.