The Future of Crytopcurrency

[darewaller]

Not must accept but maybe crypto will be one of the major payment methods in the next 10 years. Fiat will still be dominant as not all people are tech savvy or interested in new technology. But of course, crypto has future as more and more companies are integrating blockchain technology within their operations.

Fiat is always going to be the biggest currency and means of transactions but crypto has slowly evolved because of the two main features actually:

- Speed because we can make transactions immediately without having to use any platform, for example to send Paypal you are dependent on Paypal so speed and decentralization his what has got crypto the popularity.

- Assured Payments is another benefit because with paypal and other payment providers there is always an element of reversing the transaction

But that said, there is one massive problem that is holding back crypto to absolutely dominate the market and that is, the volatility of the crypto market. No matter how much we praise crypto but they are just assets and when we use assets as currency then there is always the problem of volatility which some appreciate while most consider it as a huge negative.

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[Sundilhan]

Actually, cryptocurrency and blockchain in general is poised to grow in leaps and bounds breaking several hitherto financial difficulties associated with the traditional way of banking. Already, there is a mad rush for Blockchain technology with several sectors already keying into this revolution and gaining massive results and benefits. This will only get better and lead to wide scale adoptions.

[kawetsriyanto]

I think in the future cryptocurrency will become full-fledged money that most people will use.

I think it is too early to state the confident hope. I also expect that crypto can be used as a global currency, but not sure as a single currency in the world. Also, it should take a long time as there are still many countries not accept crypto as a payment tool (currency). However, as it is growing well, it is not impossible that crypto can be used as a global currency in the future, not only as a digital asset. We have already seen that some merchants in some countries, already accept crypto as the payment tools.

[coinfinger]

The future of cryptocurrency is as bright as the noon sun.  Crypto adoption has really moved from where it used to be back in 2009.  We now have more adoption now, which will definitely be on increase.  Even some governments that are against it before are now in support.  It's real time usage is on increase.  To me, I see a very reliable future in cryptocurrency.

If the government create their own cryptocurrency and decide to stop people from making use of cryptos and crack it down, they wouldn’t do that without letting their citizens know about it first. They will make laws that stops people from making use of cryptos and put punishment. So, it doesn’t work as you have described it; you won’t just wake up and all your money has disappeared. No, it doesn’t work that way. They will let you know first, and it will then be up to you to do what you can to get your money out from wherever you have stored it before anything bad happens.

Future of cryptocurrency may not be fully depend on government's regulation against it. If you see, some governments are legalizing the use of cryptos hence we can expect more governments may support crypto usage at least as the digital property way (because government will worry about cryptos only when it is a threat to their fiats).

[Docbee]

We can see that crypto is currently developing and many countries in the world are already using crypto as a means of payment, of course with advances in technological development all countries must accept crypto as the main payment maybe 9-19 years from now we can see crypto ATMs where -where.

Not must accept but maybe crypto will be one of the major payment methods in the next 10 years. Fiat will still be dominant as not all people are tech savvy or interested in new technology. But of course, crypto has future as more and more companies are integrating blockchain technology within their operations.

The future of cryptocurrency is as bright as the noon sun.  Crypto adoption has really moved from where it used to be back in 2009.  We now have more adoption now, which will definitely be on increase.  Even some governments that are against it before are now in support.  It's real time usage is on increase.  To me, I see a very reliable future in cryptocurrency.

[Ronaldcoin2017]

We can see that the crypto is now slowly developing and there are so many people are now discovering crypto and they believe on it, if the people will trust and believe crypto till more coming years maybe crypto will be having a brighter future popularization will lead to more adaption and more adaption will lead to rising o the crypto coin or token and it will maybe lead us to profit.

[havoc928]

We can see that the crypto is now slowly developing and there are so many people are now discovering crypto and they believe on it, if the people will trust and believe crypto till more coming years maybe crypto will be having a brighter future popularization will lead to more adaption and more adaption will lead to rising o the crypto coin or token and it will maybe lead us to profit.

Yeah, you're right! The problem of the cryptocurrency world is that not a lot of people know about it or they just know a little bit. The question is how we could expand the cryptocurrency world to the real world? The COVID-19 pandemic has given some positive effects to the cryptocurrency market. By staying at home, a lot of people look for a way to make money online and they come to the cryptocurrency market. That popularizes the understanding of this market for others.

[Alohadanc3]

Almost every country and tech company already accepted the blockchain technology. They accepted the fact that blockchain is the future. The problems comes with crypto currency. At first many countries want to block them and some of them did. They try to block the path of this future edge technology. But they failed. Now they are trying to adopt it. And many of them already did. The only reason behind it that people accepted it. And day by day more mass are accepting it. So it is the future and it's hard to stop.

[doctor877]

yes thats right but its still far from it. this is what we would love but we need to be in a very high place before all this can happen. once we overcome the barrier of adoption then we are closer to this happening.