Topic: According to experts, what will be the future of cryptocurrency in 50 years - page 2. (Read 272 times)

Those guys are known in traditional finance circles.

They are all commenting on "Cryptocurrencies" which includes every 8000+
$hitcoin and future regulated government/central bank issued crypto so I'm
not bothered about their analysis.

Ivory Johnson below has his finger on the pulse and could be on to something,
after all it is his job being a wealth manager. Didnt Michael Saylor say something
about Wealth Management institutions, that they are not doing their job if they
werent looking are Bitcoin as an store of wealth.

Anyway, its Bitcoin which will be around, all the other altcoins wont be and
who knows if the new regulated ones will be too?

Are those guys known in crypto?

It's too far to think about crypto 50 years from now. There will be no doubt about the prices going high but it's the regulations that I think will change though. As of today, there is still a chance that governments will really hold on to thier power to take control of crypto. They'll do anything from lobbying to changing laws which we'd all grow old to discuss.  

They may even be waiting for the pioneers in Bitcoin to all die so they could take over through Craig Wright. They waited 50 years before releasing the documents of JFK and even today it's still not very clear and all the people who witnessed may have been dead.

You can see from the beginning they regulate ICO. Then crypto started IEO, they still crack down centralized exchanges after that. And then we go IDO and they are still up to crack DEX down even now that crypto is doing airdrops. It may be a goose chase for them but the chase will still continue.

We may not know what the stocks of the S&P 500 will do in the next month or two, but in the analysis of the last few decades, we have a pretty good idea that they will rise.  Most of us know what "stock" is, and that definition hasn't changed in the last few centuries.None of this is true of cryptocurrencies.  Some predict that coins will change all the time by interacting with money, and others warn of dangerous buzz.But no matter what a person predicts about cryptocurrency, it is difficult to imagine the future without cryptocurrency.

CNBC asked experts in various fields to describe the perspectives on cryptocurrency for 50 years from now.  Their answers were condensed and edited for clarity.

Ivory Johnson: Certified Financial Planner and Founder of Dalensi Wealth Management

 “Cryptocurrencies will disrupt the traditional meaning of the economy because one of their most attractive utilities is the ability to efficiently transfer payments across borders which is low or cost free.  In the case of Bitcoin, 50 years is a long time and Bitcoin could become the world reserve currency or the next AOL which could make many people rich until some other advanced technology comes along. ”

Frederick Kaufmann:

"The Money Plot: A History of Currency's Power to Enchant, Control and Manipulate"

 "Before 2061, the dollar will have more in common with crypto than silver or gold, so there is no reason to doubt the longevity of the price and the encrypted algorithm as a medium of exchange.  All money is a form of encryption.  This has been the case since the beginning, and as our daily lives become more closely intertwined with the digital universe, the pace of investing in tokens will only accelerate.  Ironically, that emotion will connect us to primitive instincts and play a role in keeping us human.

Dan Egan, Vice President of Behavioral Finance

 “Cryptocurrencies like Bitcoin have proven themselves useful for money speculation and movement and are less likely to run out.  But it's important to consider where and how we generate energy to meet the growing crypto market demand, and state actors who see it as a rival to Fiat Energy will make it even more of a black market product.  ”

Barbara Roper, director of investor protection at the Consumer Federation of America

 "I'm sorry.  I decided long ago that this is the issue
 I have grown old to discuss