What I really enjoy in the current situation is that we are really heading for cashless society and even the way we do business is changing. All manners of coins and tokens are available now, including all those brand-new PRL, UNIKOIN and others. The only obstacle- I cannot make head or tail of all them)))
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I just can't get the topic of the thread. How it can be the end when it's only the beginning. Even G20 have discussed the current situation concerning cryptocurrencies and they're not going to ban them, only develop regulations.
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While I can see the advantages of different and modern and more sophisticated coins, I still opt for more accepted in the world. Even Benetton starts to accept payments in cryptocurrencies, but mostly in bitcoin, Etherium, Dash and etc.
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I also thought it's impossible, until I heard about that atrocious scam website CoinMarketCap provided customers with irrelevant information about crypto simply not updating traffic volumes and putting a question to a crypto. After that people just stopped buying some currencies. So, a lot of things can be manipulated
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It is definitely only the beginning. More and more companies start using cryptocurrencies for different purposes. Not only in marketing and transactions, Lexus has announced a new sport car which can mine crypto depending on speed. Controversial offer, but displays the interest people have.
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I'm not sure cryptocurrencies will replace dollar, it can probably be three types for now - paper money, cashless payment and digital money. What distinguishes crypto from other forms is that banks are absent in this case. Cryptocurrencies are not emitted by anyone. So, it's a possible alternative
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Actually, only few people have become rich with crypto. They also possess their own businesses and do not rely solely on cryptocurrencies. Most of them have invested in crypto, but it's not a solution. You can not only think about being rich through speculation
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China is the furiest among them, claiming cryptocurrencies kill yuan and threat Chinese economy. So they are going to strengthen the regulations and ban everything connected to cryptocurrencies
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I also think it'll be difficult for bitcoin to reach 20k by the end of the year as it has shown a gradual fall for almost half a year. Still, we have hope because Tom Lee said so))) the man is a good expert, I pretty like him and his ideas.
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Stop, think twice)) bitcoin is a very special action form. If you only want to get rich and has no idea of what bitcoin is, you'll probably be disappointed. A lot of people who bought cryptocurrencies in December and January and then panicked selling are mostly the reason bitcoin price crushed.
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They are developing a special area for designing new IT products. This small country is heading for new technologies, adapting existing and creating new. It has become its number one priority. That's why cryptocurrencies are also a part of the programme
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