How is the future of crypto money that has not fallen from the economy agenda lately?
Cryptographic currencies, one of the most talked-about topics in the economy sector of 2017, have become so important as to create controversy about country presidents. The debate about crypto-money, which has achieved a development that can not be ignored by reaching a transaction volume of 700 billion dollars within the past year, is still going on.
Bitcoin, the most preferred unit among the crypto currencies, was one of the most profitable economic instruments in terms of turnover in 2017. The fact that Bitcoin's total production is limited to 21 million, which big businessmen who plan for the future is working on, has prompted discussions about how the futures of other crypto currencies, especially Bitcoin, will be.
As the world shifted towards a new axis, the ever-growing technolo- gy has naturally affected the economic units and policies. These currencies, which emerged with Bitcoin, set up their own industry with a growing number of competing companies. The number of investors who think positively and negatively about the future prospects of these currencies is very close.
Although there are some technical question marks, crypto-currencies are accepted as currency in countries like Germany, China, Russia which have big economy today. These currencies are included as a product on the world finance scene. Crypto money, which grew by 1760 percent until 2017, can also be used for futures. Estonia, another country that sees the future in this currency, decided to become the first country to use crypto money by transferring its currency to the digital system.
In my opinion that it will be possible in the future that bitcoin can turn as a crypto money that will converted into a fiat money and with that it can have a big impact to the society especially to those developing countries that needs financial assistance so that there economy would be better.