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?
our sense of optimism about the future of cryptocurrency is huge. however, at the moment we can only speculate. this is my speculation about this
1. most likely in the future more and more countries will accept bitcoin, as an investment, or the latest technology. I say this based on my point of view which sees that quite a lot of strong countries accept bitcoin, one of which is China. in the future, other countries may also accept and support the technology.
2. Well, many people have predicted that the price of bitcoin will surpass that. it's just that I'm still not very optimistic at the very high price for 1 bitcoin.
3. Until now there are still many pros and cons regarding this. several government agencies supported this development, but some challenged it. but little by little, I think they will all embrace crypto technology.
4. However, banks have begun to realize this. It seems like in the future, banks will also embrace, and utilize this technology.