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Author Topic: My Points Why Crypto Future Will Be Totally Unstoppable  (Read 599 times)
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December 24, 2019, 10:46:32 AM
Merited by tk808 (3), TimeTeller (1)
 #1

2019 is finally coming to an end, i can't help but keep thinking that huge money will flow into crypto world soon, here are few reasons to back my claim

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.

Honestly i believe Libra is supposed to bring a new huge changes to the world of international transactions but who can predict what will happen about Libra? Because Bitcoin is still the mother of all cryptocurrencies and Libra still relies on fiat currencies as underlying assets. Bitcoin is decentralized and other crypto assets with their own use cases and purposes will likely keep existing side by side of bitcoin. Wrong? Or Right? Drop me your points

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December 24, 2019, 10:56:01 AM
 #2

Good points 👍, there are still other reasons why i think crypto have huge chance to grow in near future, digital assets space got lots of regulated solutions like crypto custody, funds, regulated tools like futures, these tools will allow traditional players to get in touch with crypto ecosystem in a way that is more familiar to them.

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December 24, 2019, 11:20:26 AM
 #3

Bitcoin is already ten years old, which is a good thing as maturity now in this market is coming through infrastructure projects and more adoption. Now we see more women also coming into Crypto, this should enhance the buying and building of volume in the CMC. I noticed also more and more women are coming to trade, my wife now is one of them, trading almost daily as a part time hobby of hers. There needs to be more and more good regulation coming from countries to allow people more leeway in suing and building also cryptocurrency portfolios. I see that happening over the next 5-10 years as we move into a more greener and smarter economy globally.


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December 24, 2019, 11:55:38 AM
 #4

There are numerous opportunities in video games sector nowadays, blockchain gaming is growing but still not good enough until big video gaming giants start using crypto, imagine players using unique items within the games like weapons, skins and other whereby you can be able to trade them, own them, trace them, the unique will be  Shocked

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December 24, 2019, 12:26:09 PM
 #5

Crypto will stop by regulation but not with blockchain technology. This part will grow up and change today's technology become better, you can see many program comes up with many various platform depend blockchain technology, good progress I think. We have different opinion but have the same hope crypto will survive and against commodity/ stock as financial instrument.



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December 24, 2019, 12:30:19 PM
 #6

Your points are cogent. I will say that the blockchain dominance will go a long way boosting the acceptability of cryptocurrency. More opportunities to come

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December 24, 2019, 12:36:10 PM
 #7

There are numerous opportunities in video games sector nowadays, blockchain gaming is growing but still not good enough until big video gaming giants start using crypto, imagine players using unique items within the games like weapons, skins and other whereby you can be able to trade them, own them, trace them, the unique will be  Shocked
do you mean video games like ubisoft or online PVP based games? well game industry is often the most popular in various circles as far as I know blockchain gaming actually existed in 2017 when cryptokitties were present ,whether its development good or not until now I don't know but the gaming industry is not the only one that will grow crypto to become worldwide in each country regulation sector is also very influential

anyway my point is that bitcoin can't be replaced by centralized other crypto as a Libra

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December 24, 2019, 12:44:14 PM
 #8

The main problem is that bank solutions do not suit current global economy. Global business needs security and super fast international payments. And not restrictions and limits that are imposed by banks.

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December 24, 2019, 12:53:26 PM
 #9

Honestly i believe Libra is supposed to bring a new huge changes to the world of international transactions but who can predict what will happen about Libra? Because Bitcoin is still the mother of all cryptocurrencies and Libra still relies on fiat currencies as underlying assets. Bitcoin is decentralized and other crypto assets with their own use cases and purposes will likely keep existing side by side of bitcoin. Wrong? Or Right? Drop me your points
Libra's benefit to the needed crypto industry may be about adopting. Because Libra considers crypto the way it wants, not like us. I agree with supporters that it will provide some convenience and will be useful but it is different from the cryptocurrencies we know. But can you see that they can now slowly impel us to their desired destination?
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December 24, 2019, 12:55:03 PM
 #10

I agree that cryptocurrencies are the trend of the world and unstoppable. However, as the cryptocurrency needs more efforts to achieve its desired position, governments are still very concerned about the devastation of cryptocurrencies on the financial side.
There may need to be a compromise between the cryptocurrency market and the financial market for cryptocurrencies to grow.


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December 24, 2019, 12:57:52 PM
 #11

One of the reason why Libra was neglected by big online payment giants is lack of regulation, it's same thing with most crypto coins today, regulations will only have effect on centralized coins and not decentralized that is if regulation ever happened
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December 24, 2019, 12:58:46 PM
 #12

The chinese digital yuan currency is one big joke. I do not understand why in crypto community is spread that it is a cryptocurrency. As you can see, the name doesn´t contain a word: cryptcurrency. So please, stop talking about it as a cryptocurrency.  Cool

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December 24, 2019, 01:02:13 PM
 #13


3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.

I think China's currency will be hard to achieve. People love cryptocurrencies because it's decentralized and not subject to government regulation. A currency managed by the government and central bank is no different from fiat currency and it will be hard to find investor confidence.


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December 24, 2019, 01:16:38 PM
 #14

One of the reason why Libra was neglected by big online payment giants is lack of regulation, it's same thing with most crypto coins today, regulations will only have effect on centralized coins and not decentralized that is if regulation ever happened
Yes, that's right, because centralized coins are still very popular and liked by many people in cryptocurrency, so Libra tokens feel like they are ignored by online payments, whereas Libra tokens are also good tokens to be used as online payments.

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December 24, 2019, 02:05:07 PM
 #15

if you look at some of the points you mentioned earlier, there is great optimism that crypto will indeed be difficult to dammed. but to make the crypto market continue to grow, I personally do not agree if the "FaCeBooK boss" makes launching his stablecoin to the public.
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December 24, 2019, 03:43:22 PM
 #16

Facebook Libra is not going anywhere because not only government is against the digital currency, it's like it can't be trusted enough for them, digital currencies are just getting more popular and i belief many new things will happen start next year

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December 24, 2019, 04:08:05 PM
 #17

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December 24, 2019, 04:20:16 PM
 #18


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.

3. China is really leading the way with their upcoming owned central bank digital currency (CBDC) which will be the first of its kind.


1. Can you please show some stats which can prove that now over 70% of central banks around the world are looking into crypto.
I differ with this, banks are in mood of accepting crypto as its direct threat to there interests.

3. Such currencies are centralized one and has no resemblance with cryptocurrency.

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December 24, 2019, 04:22:20 PM
 #19

If i have to judge crypto using the news surrounding the technology since 2018 i will say that crypto is doing very well, since thd beginning of this year so many good news did happened, from JP Morgan down to Libra, it's all fine but people cares more about profit making, it might take more time to see another huge wave of bull run but it's very possible

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December 24, 2019, 04:51:02 PM
 #20

It's true that crypto won't really be stopped. but fiat and crypto money will coexist during this decade, until the mainstream adoption takes place. seeing the realm of progress in crypto-world lately indeed the population is increasing, but what I surprise crypto is no longer like the beginning of the mission created, now too many centralized rules that make fans increasingly more and more bound.

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