Topic: Will cryptocurrency be a key financial sector in the future? (Read 659 times)
Cryptocurrency is simply not able to take a key place in financial relations. Due to many problems, including due to the large price volatility of decentralized cryptocurrencies, they cannot be widely used by government and business structures. Cryptocurrency will be used more between individuals, and therefore will not be able to occupy a key position in financial calculations.
it could be, because crypto values will never depend on political issues that are happening in the world, and the exchange value is the same for all countries. I think for this reason, crypto can be a very strong financial asset compared to fiat.
In future as we talk about completely digital world so for the better and true picture of the financial sector would be the blockchain technology should adopt. So, cryptocurrency if may not play a crucial role in the economy but can be transact privately.
It can happen in the future if this cryptocurrency market regulated because most people invest in the regulated market only and if regulations come in, then it will be effect change whole dynamics for this market.
You say that most people will invest only in a regulated market, but how can you explain the fact that the cryptocurrency market has reached such capitalization and that last year there was a big hyip on them by investors? I hope that the market will be restored without regulation by the government.
Cryptocurrency helps people to ease their hassle time when making payments over the counter. With cryptocurrency, they can pay or send money fast and more accurately. The best part on it is that you can decide when and where. As long as you hold your cryptocurrency.
It can happen in the future if this cryptocurrency market regulated because most people invest in the regulated market only and if regulations come in, then it will be effect change whole dynamics for this market.
I want to believe that. I also believe that we can improve the market. That's OK. I expect positive changes and work with finances, it will be a cool impetus to the future
Yes our support is important with this the governments will also be convinced to support Bitcoin and other currencies with that the progress to the future of blockchain will be speed up and a time will sooner come when cryptocurrencies will be the key factors of the financial sectors in the future.
There's a big possibility..
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
Ordinary people will not be able to influence the foundation of the new financial system in any way. Only the world elite will decide such questions, if they are interested in cryptocurrency as an instrument for earning, then they will give it the right to exist. 
I want to believe that. I also believe that we can improve the market. That's OK. I expect positive changes and work with finances, it will be a cool impetus to the future
The important part is that bitcoin will be a key part in the financial sector instead. The point of bitcoin and crypto is not to be a sector in itself but just to change the already existing system instead. So all these wall street, london stock market forex type of deals would have to improve and upgrade to match the level of blockchain can provide, who would want to invest into more "traditional" financial things when there is some more advanced but less used investment is out there, people will threaten the banks for cheaper money transaction fee's or they will leave for crypto. Hence the banks are trying to get into blockchain patent business but they do not realize that as long as the code is different and there are similar but different codes blockchain can't be stopped.
No doubt!!!
When I think about Paypal and how my account was restricted.. plus hearing people, thousands of them facing issues with their Paypal accounts, sending/receiving money, I know Cryptocurrency is the best and urgent answer for their fiancial dreams.
Moreover, decentralized, independent wealth management has shown itself as the convenient way towards more freedom in a global scale. Want a proof project? Take the current Gigzi ecosystem. It has a great future in the financial sector. .. With a Treasury for storing tokenized precious metals, advanced Wallet and crypto to crypto/fiat Exchange. This should widen cryptocurrency usage.
When I think about Paypal and how my account was restricted.. plus hearing people, thousands of them facing issues with their Paypal accounts, sending/receiving money, I know Cryptocurrency is the best and urgent answer for their fiancial dreams.
Moreover, decentralized, independent wealth management has shown itself as the convenient way towards more freedom in a global scale. Want a proof project? Take the current Gigzi ecosystem. It has a great future in the financial sector. .. With a Treasury for storing tokenized precious metals, advanced Wallet and crypto to crypto/fiat Exchange. This should widen cryptocurrency usage.
I don't think cryptocurrency can have an influence on world finances, but I'm sure in the future cryptocurrency will be able to influence the world financial sector.
There are so much projects that are aiming to reach that goal and finance industry is one of the first sectors that is going to adopt the blockchain industry. Such giants as IBM are already developing financial solutions based on blockchain.
Yes, i also hope so that it can possible in future that cryptocurrency will be the key and largest financial sector of the world as many countries are working towards regulating it and it will make huge new investments in this market as this market have highest earnings potential in all money markets.
Could be. There might not be. For this, certain conditions must be formed. For example, at the G-20 meeting, the tax issue may be one of the first steps.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
Yes they will end up being a very integral part of the financial sector in the world that much is true, but the fact is that it is going to take time for all of the world to catch up with it and that is just fine, rome was not built in a day. Moreso the kind of support that we as the early adopters of the coins are giving to it is very important in the future
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
It seems to me that cryptocurrencies can greatly change our future. Now I see that everything is changing for the better and the probability that in the end cryptocurrencies will be a major part of Finance is quite high
Blockchain technology is slowly integrating itself in a lot of industries. And I believe that the most affected industry is going to be the financial sector. In a few years from now, big players will switch to blockchain.
Yes, I'm actually very confident that cryptocurrency has opened a new way to making business and the financial sector will soon be properly pressured and feel its effect as more crypto adoptions will take place.
You are right this cryptocurrencies will change the atmosphere of humans daily life, obviously when it comes to money as this has been a big concern for every single person in the world. I am sure crypto will rule the world for sure, today there might be some misconceptions going on every countries but there is always a tomorrow.
I want to believe that. I also believe that we can improve the market. That's OK. I expect positive changes and work with finances, it will be a cool impetus to the future
The cryptocurrency should be independent in the future financial market and have an independent mode of operation. This is something that traditional finance cannot do. Some good companies will be greatly welcomed in cryptocurrencies. But I think that the concentrated coins will rise in the future.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
i think that in futuure everything to do with crypto will be most financed, and not only because it will be popular but because it will be as normal and all-present as the internet.
Absolutely! Bitcoin, cryptocurrencies, blockchain was born to create a new economy. The process has been slow, we have had several ups and downs as well as several achievements. We should only look at the future with positivism and take advantage of advances in technology so that crypto achieves its goals and therefore a community that earns its benefits.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
In the very distant future, while no one needs such an unstable and uncontrollable technology. Business does not tolerate such changes.
Now that cryptocurrency is still developing, there are many uncertainties in the future. Only bitcoin is expensive enough to implement, but now it seems to lose confidence very quickly. Encrypted currency is currently very difficult.
What to do on such market?
With whats going on right now all over the world i think cryptocurrencies are already kind of form of payments outside its ecosystem and basically some countries are already adopting the technology so i think to assume really great financial breakthrough
Electronic money will contribute to financial change in countries around the world. Most countries with strong financial backgrounds, the country's electronic money is growing. The future will be one of the main legally recognized transactions. So let's believe the market will recover even if it's bad now.
Looking what is going now at the market I start having real doubst about this. Cyrpto is so unstable so how it will be a key?
Tell me, what to invest now?
Yes, I'm actually very confident that cryptocurrency has opened a new way to making business and the financial sector will soon be properly pressured and feel its effect as more crypto adoptions will take place.
It is difficult to say that crypto will replace Fiat in the future and fall into the banking system. But progress is already noticeable. A crypto, conceived as decentralization, is now becoming increasingly public, as more and more people learn about it. If a crypto starts to be taxed, this will be the first step. But in this case, the entire cryptocurrency system will lose its value, and will no longer be the same as it is now.
Crypto will rise up, less than 1% of the worlds population in it and many people that dont have banks but have cell phones.
I think that blockchain will be the key but not cryptocurrency ! Cryptocurrency just improve transactions but I do not think that it will replace the usual money! At least not anytime soon!
I believe and predict that cryptocurrency will be evenly distributed and become the main financial sector in the future that is more advanced and modern. For the time being, it is still in development and still requires a time process to be introduced to all sectors. Hopefully in the future it will bring positive benefits.
It will not be a key because it is a key even now because look at the news about crypto's success in becoming recognized all over the world and check it.
Not only the cryptocurrency but the whole digital currency will be the next future in the shape of money. Only one factor in the cryptocurrency market that is creating a hurdle is not too much or the absolute security. So, the hacking and the clone of the currency may happen. But everybody knows that Bitcoin has already this solution but due to the anonymous in nature no Govt. is recommending fully. But now gradually countries are accepting as their digital currency to the Bitcoin. So, Bitcoin must be the future of currency.
Yes, the cryptocurrency will certainly improve the remittance sector and in many ways can take the place of banks, but I don't believe in so widespread use of cryptocurrency. Cryptocurrency will remain semi-legal way of investment and the state will not accept it completely.
States will have to give in. but the war of cryptocurrency and Fiat will be long. And it is unclear how ripple will behave in the future. a lot of banks are behind it.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
It is not sure, I think. But blockchain will transform the financial systems as soon, and possibly cryptos can get a certain adoption and application somewhere.
to complete the introduction of cryptocurrencies into the mainstream financial sector will take a lot of time. Financiers don't want to lose control of the money.
Yes, the cryptocurrency will certainly improve the remittance sector and in many ways can take the place of banks, but I don't believe in so widespread use of cryptocurrency. Cryptocurrency will remain semi-legal way of investment and the state will not accept it completely.
That depends on a multitude of factors. These are the primary factors that need to be considered here:
- Mainstream adoption of cryptocurrencies
- Stability in terms of the volatility of Bitcoin and other major cryptocurrencies
- Reduced successful hacks on cryptocurrency exchanges leading to better security
- Approved proposals for institutional investors to invest into this market
- More focus on the real world use cases of Bitcoin and other cryptocurrencies along with their underlying technologies
I firmly believe that these factors will need to be strongly considered when answering your question op.
- Mainstream adoption of cryptocurrencies
- Stability in terms of the volatility of Bitcoin and other major cryptocurrencies
- Reduced successful hacks on cryptocurrency exchanges leading to better security
- Approved proposals for institutional investors to invest into this market
- More focus on the real world use cases of Bitcoin and other cryptocurrencies along with their underlying technologies
I firmly believe that these factors will need to be strongly considered when answering your question op.
Yes, it will be a key that will help to open new doors for us to be smarter and oriented for the future this crypto. I suppose that crypto will make a greatest contribution for the humanity.
It is likely that the cryptocurrency may become a full-fledged participant in the global financial system in the future. Everything will depend on how much crypto is recognized.
I think Cryptocurrencies still have along way to go, how do you think those living in the rural area would cope using Crypto without internet. I believe there are people working in this area and I think I have read somewhere of BTC Wallet without internet collection. The future is very bright provided people start to focus more on development rather than marketing for now
Of course, crypto is a key financial sector in the future. It will give our entire financial paradigm an overhaul! Using a digital currency is simpler, it will facilitate ease in doing financial operations and will open the system up to everyone having access to the internet. Blockchain also offers a more efficient and stress-free lending system. So yes, crypto will change our financial world. Some say it’s not a possibility, but more of a revolution. Do you agree?
I think it may be possible that a cryptocurrency be a key financial sector in future because many institution adopted it day by day.
Cryptocurrency will be a key financial sector in near future and the symptoms of this act are there and many people are accepting it as a medium of exchange, in the long run all the payment systems were run through this crypto it may take some time.
It will take time but it will happen sometime as more and more financial institutions adopting it as a payment option and its acceptance is growing. This technology is a biggest challenge for banking sector.
I Hopefully one day crytocurrency might even end the Federal Reserve.
Crypto does have to be a financial sector for the future but not the main, this is the sector that is being mined and requires a truly active and creative process so as not to lose.
I think it's more than just an important department. The cryptocurrency will change the financial industry's future financial and cryptocurrencies will merge.
Well maybe Stellar or Ripple could make inroads into banks and financial institutions. It seems like some banks are experimenting with these already... hopefully they get more widely adopted by banks.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
Cryptocurrency will be new investment market. With more good news in market recently, i am believe cryptocurrency market will growing bigger in near future.
Yes. Especially for the people who invested in great ICOs and ended up earning a lot of money since ICO prices are not that high. Cryptocurrency is a big key financial sector in the future.
In my views, I think that cryptocurrency could be considered as one of the financial sector in the future since big corporations are now adopting the use of the blockchain technology which is way more effective that is more proven to have faster transactions compared to traditional banking transactions. Moreover, the popularity of cryptocurrency has been increased where there are now more people adapting the use of this currency due to it's convenience in doing payments and other related money transactions.
I think it's hard to predict something now. But everything can be. I am sure that in the future the cryptocurrency will develop very strongly. But a lot depends on the government.
Of course, it will be. Crypto provides fast, safe, cheap and clear transactions - it will make economic of the future better for all humanity.
It can happen one day, we know that crypto has many advantages. But I think it will take time to be a key financial sector in the future. And yeah, crypto will be a key financial sector in the future because the era is progressing and crypto is very suitable for it.
Am 100% sure that Cryptocurrency will be a key financial sector in the nearest future, we will be fully empowered to determine our money and it will certainly disrupt the global financial sector. We are lucky to be among the early adapter of it.
I think cryptocurrency will not be the key, and will be another area of the financial market, as are stocks. And the company will decide what it is advantageous and more convenient to use the conventional banking system or cryptocurrency. But before that, we are still far, we are not yet ready for such a revolution, but we are moving in the right direction.
I support the same opinion. Cryptocurrency is too specific to use, there is a lot to know and understand, including especially in security measures. Therefore, taking into account its high volatility and other qualities, it will be used mainly by citizens, states, government structures and business structures will not use cryptocurrency widely. For business structures it is very important not fast, but documentary confirmation of the transaction for various kinds of audits and tax authorities. It is unlikely that the inspection bodies will constantly check the records in the blockchaine.Documentation can be provided by scanning a document confirming the source of funds or containing other information. It's easier and more convenient for auditors to check electronic information than paper information.
I think it will be the financial sector in the future but this can happen for those who have succeeded in crypto. Crypto is a means to get finances better than others. Crypto investment or on coins that have potential will get abundant results and make crypto as the main producer.
Future is full of crypto and it is a key in the financial sector in the future and soon it will be practical because many of good things will be possible through crypto and many other crypto coins are buying for investment and we have to hold if we have bitcoin and not to sell in the market but to use it for transactions and trading when time is good,
It will be huge and even if Bitcoin doesn't manage to achieve it it's successor will. I strongly believe in cryptocurrencies and think that they will have a huge impact on finances worldwide. They are just that good and are offering something that has never existed before: independent, decentralized money that at the same time is impossible to counterfeit.
I dont think so, its will be extension for current financial systems.
Cryptos have one minus its dont cancelable transaction, and hackers can stole funds in one way
Cryptos have one minus its dont cancelable transaction, and hackers can stole funds in one way
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
I think that in the end, the cryptocurrency will be one of many financial sectors of the economy, but not the key ones. Cryptocurrency does not reach the world globally, as many hope. This is still a very specific sector and state and business structures may not be widely involved in it. It seems to me that cryptocurrency will mainly be used by citizens.
Most probably someday cryptcurrency will be a key financial sector near future. But crypto still in development level and it's trying to overcome its problems at the same time crypto and blockchain system are trying to create a sound environment for payment issues. Payment is the main issue to make satisfaction crypto holders. If crypto currency want to be a key financial sector in future then crypto must be implementing better environment of transaction and payment method and must ensure safe and sound blockchain system.
accompanied blockchain, then crypto will become a fairly successful finance field for the future. certainly, a lot of people know that Crypto give the impression of a practical and safe in terms of finance and this much needed by society in General. the existence of crypto and blockchain then this will be used to resolve the issue of trust between the parties to the transaction so that the company will very certainly need it.
I think cryptocurrency will not be the key, and will be another area of the financial market, as are stocks. And the company will decide what it is advantageous and more convenient to use the conventional banking system or cryptocurrency. But before that, we are still far, we are not yet ready for such a revolution, but we are moving in the right direction.
I support the same opinion. Cryptocurrency is too specific to use, there is a lot to know and understand, including especially in security measures. Therefore, taking into account its high volatility and other qualities, it will be used mainly by citizens, states, government structures and business structures will not use cryptocurrency widely. For business structures it is very important not fast, but documentary confirmation of the transaction for various kinds of audits and tax authorities. It is unlikely that the inspection bodies will constantly check the records in the blockchaine. You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
Considering the fact that they are based on the public funding as well as ledger itself, we become very much important part of it. However there is always personal limitation on us and how much we contribute. With the real world challenges we need new investors so that there can be actual development in the coming days.
Yes together it can form very strong and innovative financial system for this world if taken for granted and started to develop that way.
FYI we do need contributions of central banks and government authorities as they are the missing pieces in it as well.
There are so many positive things we can get from the greatness of cryptocurrency technology. And very many can feel financial satisfaction. Will cryptocurrency be the main financial sector in the future, I think this will be an interesting discussion. I personally cannot guarantee that the cryptocurrency will become the main financial sector in the future.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
I believe that cryptocurrency will change the world as it keeps evolving . The issue that cryptocurrency is solving is removing the barrier of doing business all over the globe plus issues like inflation and deflation are not an issue in cryptocurrency
Cryptocurrency is already an institution so no doubt that it would be an important financial sector in the future. I'm sure that in the future, people will find ways on how to integrate it to our society without (or at least minimal of) the risk it has now.
I think that yes, but another question is when this happens, the cryptocurrency must reach a new level and be accepted in most countries of the world for this to happen.
I also believe that the world will change in the next five to ten years almost to no disrepute, many states, and most of them, even the banks themselves, begin to understand that crypto is forever looking for opportunities to adapt this financial instrument.
I really believe in people's minds - I hope that this will happen, banks will crypto win, let cash payments stayatsya - but I believe that crypto will prevail!
September 06, 2018, 11:10:41 AM
That's what most of us hoping, if it doesn't play some sort of major role then we've all been wasting our time.
September 06, 2018, 10:12:25 AM
It can be. Crypto is very strong and far sighted promising system which has so good potential for the real life. Economics of different countries have to learn from crypto much more and do not kill it at all I believe. Financial sector is very important for everybody now and later.
September 06, 2018, 06:22:26 AM
I absolutely believe that cryptocurrency will reshape our financial landscape. The power over money will be in our hands. Aside from low transaction fees, there are basically no borders in between. No banking hours, no long queues to make withdrawals and deposits –all this with top notch speed and security. This will totally shake things up in the baking system, don’t you agree?
We are still in an adoption phase and looking forward to further development and with this development, and the way things are going, I am sure we would not need a soothsayer to tell us cryptocurrency will eventually have a space in the financial sector. Looking at how the financial sector has been disrupted since the existence of cryptocurrency, the rate at which attention has shifted from fiat to crypto by users; it sure means we are on the verge of growing more than this in the long run.
September 04, 2018, 01:00:26 PM
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
if blockhain is adopted massively, the financial sector will be better and will reduce the level of corruption or manipulation that often occurs. because the nature of the blockchain that is transparent and open to the public will make it easier for everyone to monitor all of them.Nevertheless, I believe cryptocurrency is already penetrating the financial sector or has somehow penetrated even though not in much volume, but from what it is worth, I believe it will be a key financial sector as time goes by.
September 03, 2018, 06:38:20 AM
Dear friend,
Will cryptocurrency be a key financial sector in the future? Yeah, this is a exciting question. I think our world will reach to a digital finance and cryptocurrency will be a key for the development. That is centrallization. Vote it!
Will cryptocurrency be a key financial sector in the future? Yeah, this is a exciting question. I think our world will reach to a digital finance and cryptocurrency will be a key for the development. That is centrallization. Vote it!
September 03, 2018, 06:32:13 AM
I unequivocally trust that digital currencies will spread in more and more countries. One day we as a whole will be in an exceptionally agreeable stage as early adopters. The cryptographic forms of money are unquestionably moving as more business in fact that the idea of the digital currencies that is straightforward and open to people, in general, will make it demanding for everybody to screen every one of them. Considering that the digital currencies innovation will likewise be embraced by numerous business organizations, The control over cash will be in our grasp. This has helped a ton of new companies and existing organizations that longing to develop.
Recently I read news about North and South Korea, how they use blockchain and cryptocurrencies. I think soon we will witness global changes in the financial market. but kuchnie players have long been in the subject, so that the power will remain the same. September 03, 2018, 12:45:47 AM
I unequivocally trust that digital currencies will spread in more and more countries. One day we as a whole will be in an exceptionally agreeable stage as early adopters. The cryptographic forms of money are unquestionably moving as more business in fact that the idea of the digital currencies that is straightforward and open to people, in general, will make it demanding for everybody to screen every one of them. Considering that the digital currencies innovation will likewise be embraced by numerous business organizations, The control over cash will be in our grasp. This has helped a ton of new companies and existing organizations that longing to develop.
September 03, 2018, 12:07:44 AM
the fight between crypto and other central financial bodies is going on and we can see many fuds and DUMP coins without any major news in fast. Anyway many projects and applications coming to solve real-world issues with cryptocurrencies and those effects can't be reverted by the efforts of other currencies. I strongly believe that cryptocurrencies will win the rase and one day we all will be in a very comfortable stage as early adopters.
September 02, 2018, 11:46:39 PM
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
if blockhain is adopted massively, the financial sector will be better and will reduce the level of corruption or manipulation that often occurs. because the nature of the blockchain that is transparent and open to the public will make it easier for everyone to monitor all of them.Blockchain is definitely on the move as more and more business, companies, organizations and even governments are looking on how the technology can be integrated into their business and operations. However, we should note that blockchain and cryptocurrency are two separate things. You can adopt the blockchain technology and forget about cryptocurrency. This is what China is doing right now...they invested and investing a lot with the blockchain and they ignore cryptocurrency. Blockchain is truly a game-changing technology that the world can't afford to ignore. Cryptocurrency is now riddled with scams and bad apples and that is something the industry has to work on.
September 02, 2018, 11:23:26 PM
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
if blockhain is adopted massively, the financial sector will be better and will reduce the level of corruption or manipulation that often occurs. because the nature of the blockchain that is transparent and open to the public will make it easier for everyone to monitor all of them. September 02, 2018, 11:13:55 PM
I believe that cryptocurrency is still on the development stage and may somehow improved it's basic features in the near future and by then, it could be key financial sector soon. Considering that the blockchain technology will also be adopted by many business institutions, the possibility of becoming the key to financial sector is feasible.
September 02, 2018, 09:19:35 PM
I absolutely believe that cryptocurrency will reshape our financial landscape. The power over money will be in our hands. Aside from low transaction fees, there are basically no borders in between. No banking hours, no long queues to make withdrawals and deposits –all this with top notch speed and security. This will totally shake things up in the baking system, don’t you agree?
I think that this is quite possible, although it will not be easy to switch completely to cryptocurrencies and the blockchain system. If this happens, then most likely not less than 10 years, and maybe more.
The earlier we realise the potential and impact of cryptocurrency in financial sector, the better. Some fields of work that have this understanding are now exploring crypto and blockchain technology by bringing their works to be promoted on blockchain. This has helped a lot of start ups and existing businesses that desire to grow. This has long been proven and many are still coming on board. It will get to a time that every business and enterprise will be domicile on blockchain and cryptocurrency.
Maybe it will be possible because crypto is close to replace our economics that fact is not liked by giants and other country's officials. I am for crypto at all, because we need in more reliable system of economic and financial secotr will be stronger with later it I am sure.
I think cryptocurrency will not be the key, and will be another area of the financial market, as are stocks. And the company will decide what it is advantageous and more convenient to use the conventional banking system or cryptocurrency. But before that, we are still far, we are not yet ready for such a revolution, but we are moving in the right direction.
Yes, the first industry to change cryptocurrency is the financial industry. The future of the financial industry is very important.
its already, many government and banks is making their move to adopt blockchain tech. soon might have more centralise altcoin come out. though this is just an asssuption.
Cryptocurrency is still evolving, and I think that over time, they will take the lead in the entire branches of the financial economy, replacing all other obsolete methods.
Cryptocurrency is still in its infancy stage and the more it grows and align to the reality of financial needs in its entirety, the more it becomes adopted by wide range of applications from individuals and corporate world.... So many have adopted using cryptocurrency and blockchain technology while others are still understudying it which certainly is a green light for crypto becoming a key financial sector in the future
I think the cryptomarket won't occupy a key role in a financial world.
He will develop good rates of 10-15 more years, and then will take the place in the financial world.
He will develop good rates of 10-15 more years, and then will take the place in the financial world.
If you still have the legality of cryptocurrency, as will find good protection from hacking and fraud crapouillot has all chances to become the key factor in the financial sector!
I think that cryptocurrency will become a key financial sector in the future. We now see that there are more and more institutions, and large enterprises are beginning to use cryptocurrencies. As blockchain technology continues to improve, cryptocurrencies will be used. In more areas until it becomes a key financial sector
Blockchain is being used and starting it's adoption from various companies and financial sectors are in consideration of using crypto's.
There has been a lot of doubts to crypto's since it's the main competitor of these financial institutions who are controlling the market and has been dominant for so many years.
Not until something new came in.
There has been a lot of doubts to crypto's since it's the main competitor of these financial institutions who are controlling the market and has been dominant for so many years.
Not until something new came in.
You think positively and that will contribute to changing the world. Cryptocurrency has provided people with financial satisfaction and where payment is a core issue. Cryptocurrency and blockchain are now being Enterprises apply to help their work be promoted more vigorously
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