The head of Coinbase: in 3-5 years the crisis erupts and interest in cryptocurrencies will grow sharply
Brian Armstrong, the head of the most popular crypto-exchange in the US, Coinbase, shared his vision of the prospects of cryptocurrencies. In his opinion, in fact, it could take many years before cryptocurrencies become the same common means of payment as, for example, the US dollar in the US economy and world trade. However, the situation will change much faster: according to Armstrong, in 3-5 years the world expects a huge economic crisis that will reshape the entire modern financial system, and interest in cryptocurrencies will grow significantly.
Currently, about 10% of cryptocurrencies actively perform the functions of money, but in a few years they will be the majority. After the global economic crisis will happen, most payments for goods and services will be made using smartphones and cryptocurrency.
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source: https://www.facebook.com/366805253813711/photos/a.369655846861985/445835642577338/?type=3&theater
Cryptocurrency and blockchain is one of the solution that they were looking for to resolve this economic crisis, next coming years will be fruitful to crypto once the world fully accept its existence then the demand will surely increase.
These are the future of Financial technologies.
Cryptocurrency, decentralization and Blockchain based technology are definitely the answer to the economic crisis. If only people would realized their crucial significance in our new era. People around the globe should embrace these changes and it wont matter even if they reject these financial innovation because it is inevitable.
How long until people around the globe realize the importance of these new changes?
Cryptocurrency and blockchain offers wide range of services and convenience is one of its main advantages. The level of financial privacy it provides and the most important thing is that it doesnt need for a third party involvement in every transactions, like what banks does. It is basically the future of modern trading, purchasing, dealing and availing different products and services.
Im quite sure this prediction of huge economic crisis will somehow happen in the next few years and this is definitely a wake up call for everybody.
Crypto Investments should start right now.