Post
Topic
Board Speculation (Altcoins)
Re: What does the future holds for crypto?
by
Omega Weapon
on 08/10/2019, 02:55:23 UTC
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) Most likely governments will never fully adopt cryptocurrencies out of fear that their own fiat is replaced.
2) That is just a baseless prediction, do not let yourself be influenced by such people.
3) Again they will never embrace crypto completely
4) Many are predicting that banks are going to disappear but I find that to be very unlikely what it will happen is that they are going to adapt and in the case cryptocurrencies become too dominant they will accept them just as they accept fiat.