Topic: The future of cryptocurrency. - page 3. (Read 1021 times)
We can’t really predict on the future of cryptocurrencies, but I can tell you that cryptocurrency is heading to a bigger step with its present situation and crypto is circulating all over the world. Most people are using crypto, and there day to day payments, even the small business owners, so therefore, if cryptocurrency continue with this for the next 20 years at least I can predict that it will take over 60% of the currency exchange around the globe But I can say this that cryptocurrency will only be used as exchange of commodity, or between our countries, and even in different individual countries, but it will never crash a Local currency, but it will be used as exchange between two countries doing some transactions.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
The awareness of cryptocurrency is on the rise everyday, individuals that has not have any information about it is now getting the information through one means or the other I think the crypto industry is gaining ground in the financial settings and it is a good news on it's ways, the current bullrun is taking place when most countries currency is getting weaker by the day and most people has decided to invest their money in crypto because of this reason, just imagine this Monday in the early hours btc was hovering between 51k-52k but towards evening everything was moving so fast as if million people are pushing it, yea, that's to tell us that the market force this time is very high, I know that Bitcoin can never put to an end to fiat, both currency we keep working together but Bitcoin will mainly continue to dominate fiat in terms of investment.
We already know that today most of the world is transacted through online currency, and the benefits are many. Currently, most places offer to trade in cryptocurrency Bitcoin and this is a lot of convenience. And if we think about the future of these currencies, then of course we think it will gain better reputation in the world, and it will be used by more people. Currently, most of the people are into cryptocurrency, and they transact and receive various payments through this currency. 20 years from now and beyond we may see more progress in the world and the world may be transacted only through digital currencies. As we now know that paper money is likely to disappear very soon, we think that in the future these virtual currencies may rule the world.
Maybe in the future there will still be a transition between the overall use of Bitcoin and FIAT.
So the older generation who are still stuck with using FIAT still has time to learn new payment schemes using Bitcoin or cryptocurrency.
the use of bitcoin will not be entirely accepted by the public for currency but to be an investment asset is very possible, so we only need to see the development of altcoins that will be directly in contact with the public for their needs, such as in web3 for example or other assets that can be connected to blockchain technology. I quite believe that all will not be disrupted, only certain parts can be integrated.So the older generation who are still stuck with using FIAT still has time to learn new payment schemes using Bitcoin or cryptocurrency.
Maybe now it's simpler, like we buy goods without using paper money and more using electronics. either by credit or debit card and shopping card issued by each department store.
In my opinion, what I believe in cryptocurrency is that, in some couple of years from now maybe like a Decade the late investors would still address us now as those who bought at a cheaper price, so it's never too late to buy more and more nonstop. The price of long-term project by that time would be very high so if you want to become part of that now is the time to start creating a beautiful portfolio.
Cryptocurrency keeps growing in terms of adoption and we see massive growth with crypto market, let's focus on adoption cause in the next future crypto adoption will increase massively, new generation has always love new technology and innovation that's why it's advisable to educate little ones about crypto. If the op is referring to a comparison between fiat and crypto I can't relate because I don't think crypto can completely take over fiat besides the government bodies will not watch this happen, I don't expect people to start using crypto for cheap transaction neither will this happen, in terms of massive adoption crypto will gain a heavy ground in the next future.
Cryptocurrency being an innovative work invention, has been the choice f the youths all over the world and the quicker any economy start adopting it the better for them not to be left behind. Cryptocurrency is a world class invention but I don't think it will completely erase fiat for transactions, reason being that I most persons prefer using crypto more as a tool for investment and not for buying and selling other things. Take bitcoin for example, after some couple of years when miners reward reduce to a very small amount, of course by then Bitcoin would become more expensive and scarce, due to limited supply. So definitely it would be seen more an an investment other than coin for p2p transaction.
We can make lots of money from holding Bitcoin and some other good altcoins in the market that can give us profits in the market to keep investing. We just need to know what we are doing when it comes to investing in cryptocurrency because there future is going to be more profits for us.
Cryptocurrency future is very bright.
Cryptocurrency keeps growing in terms of adoption and we see massive growth with crypto market, let's focus on adoption cause in the next future crypto adoption will increase massively, new generation has always love new technology and innovation that's why it's advisable to educate little ones about crypto. If the op is referring to a comparison between fiat and crypto I can't relate because I don't think crypto can completely take over fiat besides the government bodies will not watch this happen, I don't expect people to start using crypto for cheap transaction neither will this happen, in terms of massive adoption crypto will gain a heavy ground in the next future.
Cryptocurrency being an innovative work invention, has been the choice f the youths all over the world and the quicker any economy start adopting it the better for them not to be left behind. Cryptocurrency is a world class invention but I don't think it will completely erase fiat for transactions, reason being that I most persons prefer using crypto more as a tool for investment and not for buying and selling other things. Take bitcoin for example, after some couple of years when miners reward reduce to a very small amount, of course by then Bitcoin would become more expensive and scarce, due to limited supply. So definitely it would be seen more an an investment other than coin for p2p transaction.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
So the older generation who are still stuck with using FIAT still has time to learn new payment schemes using Bitcoin or cryptocurrency.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
So the older generation who are still stuck with using FIAT still has time to learn new payment schemes using Bitcoin or cryptocurrency.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
What I want you to understand is that if you the technology of cryptocurrency especially Bitcoin and the sub Bitcoin which is altcoins is still in existence it will be more adopted by people so therefore they adoption of Bitcoin with determine the variation of Bitcoin in Next 10 years or 20 years so we cannot stand here today to predict what will happen in Next 20 years in cryptocurrency so as I said before but tomorrow massive adoption of Bitcoin will determine if the price will be more encouraging in future but right now it is obvious that tomorrow we experience New Year the more the price of Bitcoin also get increased Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
Don’t be in a hurry to think that way because even if Bitcoin is getting adopted in a good way, it will take a lot for fiat to be abandoned. Even with the rate of adoption, there are many people who doesn’t know how Bitcoin works let alone ready to believe that they should leave fiat for Bitcoin. I believe that cashless transactions will eventually take over but Bitcoin superseding fiat will be hard because fiat has been there from centuries ago.
Cryptocurrency keeps growing in terms of adoption and we see massive growth with crypto market, let's focus on adoption cause in the next future crypto adoption will increase massively, new generation has always love new technology and innovation that's why it's advisable to educate little ones about crypto. If the op is referring to a comparison between fiat and crypto I can't relate because I don't think crypto can completely take over fiat besides the government bodies will not watch this happen, I don't expect people to start using crypto for cheap transaction neither will this happen, in terms of massive adoption crypto will gain a heavy ground in the next future.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
It's like telling fortunes with cards. Nobody knows what will happen. Only fantasies. I think that in 20 years the cryptocurrency will only strengthen, but there will be other trends. For example, each country will have its own national cryptocurrency. In this case, yes, there will be more transactions in cryptocurrency than in fiat.Cryptos despite existing for quite a long time, they are still more innovative than a regular currency or other payment methods and then the adoption for them still continues to widen, so what we are dreaming of might actually be possible to occur. The one you're telling there about the country to have their own crypto is also not a new trend but they must be the CBDC and it is actually a competitor of the standard cryptos. Other trends are also not beneficial to the cryptos that we know the most.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think in the nearest future a lot of people will be shifting more from using fiat for transactions to using cryptocurrency because everything is going digital now and just like the internet that was not generally acceptable in the past cryptocurrency will in time to come gain more popularity and recognition as well as adoption if the government decides to practice democratic system of government because they are the reason why cryptocurrency has not gotten mass adoption. I don't think people will make use of cryptocurrency more than fiat in the nearest future unless the use of fiat will be abolished in the country completely.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
no doubt, cryptocurency has grown rapidly and the level of it adoption has been massive of lately but doing a 20 year speculation on how popular it will become isn't something we can be sure of. The best way to possibly ask this question is to put it like;Assuming things continue in the trend it is going now, what's your speculation on where crypto will get to in the next 20 years? And then its going to be possible to give an answer to your question but be because in reality things don't happen ideally we just keep investing and being positive that in the couple of years to come, the rate of adoption increases while the attackers learns to know that crypto is actually here for the betterment of the society.
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I see this market getting more popular, especially bitcoin and other selected altcoins, however I also hope for the majority of the altcoins that exist to disappear or to at least not garner the attention they get now, the reason? Because they do not deserve it, I hope that once a significant number of people buy into this market, they realize those coins are scams and they begin to ignore them, just as they learned to ignore all of those emails people still get which are sent by fraudsters trying to earn a few dollars.
The future of cryptocurrency has its own name, which is KASPA! Rembember what I said 
Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
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