1. Banks are very slow in their reaction towards virtual currencies yet by now over 70% of central banks around the world are looking into crypto.
2. Major changes will surely rise because bigger transnational organizations are showing interest in crypto.
3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.
4. To add to this list of mine i read somewhere that Mark Zuckerberg is pointing out to China as the reasons why U.S should act quickly in regard to crypto, he personally believes that U.S needs to see more progress with cryptocurrencies.
Yup that’s the truth, Bitcoin is unstoppable. Being decentralized/open-source means that bitcoin will continue to grow no matter what. Bitcoin doesn’t have any Central unit that is in control of it, that means that the government will not be able to shut it down, they would have found it easy to shut down all this while if it was not like this.
China is really taking the lead with the new cryptocurrency they are about to release. I don’t really know how it’s going to work out, and whether it will gain wide adoption, but I’m looking forward to when Facebook will release their Libra. When they announced Libra I was really happy with it because a lot of companies came together to form an association to boost it, which means that it’s definitely going to be accepted by a lot of people.