What does the future holds for crypto?

[Furryball]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

[passwordnow]

What does the future holds for cryptocurrencies?

As an enthusiast, we don't know but it's likely to be positive.

1) Will more countries start adopting crypto?

Yes.

2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?

11 years from now, let's hope for that. 10 years ago when bitcoin was created and never known by most people but now it has a price of $11k~. It's up to you to lean with those predictions but don't assume that much.

3)What about the Government agencies?will they have no choice left but to fully embrace the technology?

Yes, they will adopt crypto and blockchain technology and will regulate it.

4)What will be the fate of banking and financial industries?

As usual, they'll just adopt the new trend.

[semobo]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

1.If more people accept crypto currencies then countries were also forced to regulate it.

2.If one becomes possible then yes the pricess will increase a lot but we don't have any margin rage to be reached.

3.If price increases then governments need to have regulatory system for cryptos.

4.Slowly fades away...

[Flux0z]

I know one thing...

If Bitcoin gains more momentum, and LARGE scale adoption it's gonna be a PAIN in the ass to use. Expect to wait WEEKS for your transactions to be confirmed. Litecoin, and all the other popular crypto currencies will experinence the same thing.

We need lightning swaps, for instant transactions with low fees, which appeals to everyone - except for the old school Bitcoin maximalists who believes it's not decentralized enough as a solution.
- They may be right, but a project I've been eyeing lately has a great solution for that.

Stakenet is building and innovating upon the lightning network, in fact they helped the Litecoin team implement lightning on mainnet. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

With Stakenet, you'll be able to trade anonymously, with next to 0 fees, instant and unlimited transactions/second using their Lightning DEX dApp, which is actually just ONE out of many dApps being controlled by 2100 masternodes (And growing)
This setup is genius, as NO ONE can take down the DEX once it's launched, not even the devs themselves, as it's decentralized - Would mean you had to stop all the nodes from running all at once. Good luck with that.

Stakenet enhances Bitcoin and Litecoin with it's services, so if you believe in crypto long term, XSN might actually be a decent hold.

They got way more to offer, like cross chain staking and their own hardware solution, but I challenge everyone interested to do their own research on this one.

Just my 2 cents.

[Lanatsa]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

One answer fits all - No one do have that crystal ball to answer all of your questions but I would say my part though;

1. Adoption does increase,it might be slowed or blocked by some countries in terms of regulation but we are seeing such adoption movement.
2. for 50k-60k? yes its possible but for 500k? its already exaggerated.
3. No one can stop them if they wont like to adopt crypto but hopefully they would reconsider
4. They would still exist forever as long heavily centralized government does exist.

[Bitcoinjheta]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

What does the future holds for cryptocurrencies?
In my opinion, the used of cryptocurrency as a mode of payment and as an assets will proves that it will last for many years.
1) Will more countries start adopting crypto?
Yes, of course future technology and innovation will push to some countries to adapt.
2) Will bitcoin hits a new all time high just like many predicted?
I believe it will surpass the all time high of 2017
3)What about the Government agencies?
Regulation i think will never work.
4)What will be the fate of banking and financial industries?
Of course the fate is still the same as our banking system.

[Denver99]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
I think so because the crypto community is growing day by day and each country will understand eventually and it will try to adopt crypto.

[arpon11]

Just like internet has made the world, global village, we should expect cryptocurrency to represent our financial and money market in future! We are now more in adoptions and mainstream than when it began. Bitcoin started from a very humble backgrounds with few people haveing interest in it but things has changed, currently there is no country that is not study bitcoin in one way or the other and we can see that throughout the Internet. World leaders and those that has be able to called bitcoin bad name before are now charging their mouths, most of them are now studying it.

[crwth]

If you believe that cryptocurrency could bring a new era of the way people transact and exchange in values, that's definitely going to be adopted by everyone. Reasons are probably listed in these articles that I searched. Almost everything is being discussed in the article by Coindesk [1].

I'm just curious why you are still thinking about it, you must not fully trust crypto yet? No?


References:

[1] https://www.coindesk.com/information/why-use-bitcoin

[Ararbermas]

All you have mentioned above were already happened mate. Wherein since crypto was constantly growing especially that time where bitcoin gradually climbing to the ATH. And what happening rigt now is opposite because of the situation of market. Which is ppl  are declining... and it seems very clever to convince to become involved into crypto  again  due to the long bear season that still kicking in the market..

[cosmofly]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

I think Bitcoin still can't get that strong growth after years. We should remember, this is a decentralized market and it is only for a few people. This is a risky market so the increase and decrease of prices are always controlled by some organizations.
Besides, blockchain technology is growing, the banking and financial sectors will be better. Because they get a better tool to serve customers.

[Cnut237]

The eventual future state I imagine will be that crypto becomes integrated into society and pervades every sector of industry.
There will doubtless be many bumps on the road, and government objections and attempts to control it all through legislation, but I think crypto will eventually be everywhere, and that this is inevitable because crypto just has so many improvements over existing solutions. All it will take is one company/country to embrace it, and then everyone else faces the choice to either embrace it as well or get left behind and suffer commercial disadvantage.

Anything that is cheaper and more efficient than existing solutions will eventually become the standard. Particularly so when it also offers the potential for huge automation through smart contracts etc. This is why crypto will win.

[Thanasis]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

Basically most governments will oppose the crypto currencies because they think people can use cryptos to evade taxes but they can regulate all the crypto related service and record everything to get people's holding of cryptos.Sure the prices will increase if the adoption increase so we might no need to use banking system.

[aprilnot]

1) Will more countries start adopting crypto?

I'm sure there will be many countries developing blockchain.

2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?

if this I'm not so sure, 2030 is still too far for now. a lot of possibilities will happen in the future, so if you believe in this, isn't it very strange.

3)What about the Government agencies?will they have no choice left but to fully embrace the technology?

sooner or later in the future, the government will definitely legalize crypto.

4)What will be the fate of banking and financial industries?

the banking and financial industry, will be integrated with blockchain. it's not easy to make a bank disappear.

[lillobo]

In future , I am sure that more asian governments will ban the use of bitcoins or altcoins. And to be frank I dont think in 2030 , the price of bitcoin will hit 500k because there are many good altcoins in competition with btc. I dont say that altcoins price will raise more than btc, but many crypto investors will invest their money in other good coins.

[goaldigger]

Future of crypto.

Here in the country.
Still doesnt get any progress not until the president finishes all what he wants to the country and think about its currency upgrade after.

Other countries
Continue to prosper and even invent some machines that could take crypto transactions so easily. Hope this will spark my countries interest in crypto currency.

[danherbias07]

Forget about bitcoin ATH for now.
Adoption is the most crucial key for the crypto world.

The value will be expected to soar at a highest peak if we can pull more merchants and also making the crypto technology seen to give ease to people.
That is all we need for now.
Profits will follow and so is the government. With banks though, I doubt it will be erased to the face of the world. They will still find a way to continue business.

[passwordnow]

in my opinion the future of crypto is undoubtedly because more and more years of crypto, there are more and more interested, so many are joining as well. so with that the development of crypto will definitely increase later

It will and the future of it lies within our hands, the supporter and users of it. We are looking for modern asset where everyone can avail it at lower quantity and this is what crypto is doing for us. If you are for the investment, you can choose whatever you want but skip those nonsense altcoins and probably go with bitcoin as your biggest part of your crypto investment. This mindset is starting to build between the new comers and that's why it's here to stay for now.

[rodel caling]

What does the future holds for cryptocurrencies?
1) Will more countries start adopting crypto?
2) Will bitcoin hits a new all time high just like many predicted?the owner of snapchat predicted that by 2030 bitcoin will hit 500k,too good to be true?
3)What about the Government agencies?will they have no choice left but to fully embrace the technology?
4)What will be the fate of banking and financial industries?

My answer for queation
1. Is that very positive possible more countries adopt crypto in the future if they know the importance of virtual currency can help it for the economic growth.
2. That's is also possible to hit by bitcoin but do not expect well we know bitcoin is unpredictable I don't think at exactly year 2030 hit 500k usd.
3. If the government officials well known how much crypto impotant not possible to embrace and asopt crypto legally.
4. Banking industry is very stable than crypto as of now buy if possible to combine fiat bankng and virtual currency.

[akram143]

Where is to possibilities are available the first thing is if the people hold the cryptocurrency now their future is so much unexpected and they are so much profitable and the other possibilities there is nothing in the future of cryptocurrency at holders get useless so nothing is impossible everything is possible in this field