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Author Topic: What is the future of cryptocurrency??  (Read 595 times)
Xal0lex
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October 20, 2023, 05:08:13 PM
 #61

The future of cryptocurrency is very bright and interesting, which one have to know about cryptocurrency by holding many alt-coins including Bitcoin for a future profitable business, because soon or later government may approved cryptocurrency as a means of payment and the early investors will be more free from financial freedom. I mean wealthy.

Governments would rather create their own cryptocurrencies than approve someone else's. They are now actively developing and implementing CBDC, which will be the governments' cryptocurrency, another form of money that should find its niche in the digital world. Governments don't need coins that they can't control 100%. Governments of small countries don't count, as they are not in a position to influence mass adoption.

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October 20, 2023, 06:39:46 PM
 #62

Governments would rather create their own cryptocurrencies than approve someone else's.
They might approve of other country's cryptocurrencies if they could influence it. No government can do anything with the bitcoin (in terms of control), therefore, I am absolutely sure that it will never be officially approved. The most you can count on from them is a silent “not noticing” the presence of the bitcoin.

They are now actively developing and implementing CBDC, which will be the governments' cryptocurrency, another form of money that should find its niche in the digital world.
CBDC will become the only form of money in the end. Cash will gradually fade into oblivion and that’s when the biggest “fun” will begin.

Governments don't need coins that they can't control 100%.
Exactly.

Governments of small countries don't count, as they are not in a position to influence mass adoption.
These small countries, perhaps, will be exceptions to the general rule and are unlikely to be a truly “viable” oasis for bitcoiners. Shouldn't rely too much on them.

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Kelvinid
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October 20, 2023, 08:13:19 PM
 #63

In general, the future is uncertain and people tend to reflect their own desires and hopes on it. A pessimistic person who hates decentralization, crypto and Bitcoin will give you a negative perspective about the future, while a crypto enthusiast will predict a promising future for cryptocurrency full of opportunities for investors and adopters.

There will be predictions of every kinds and it's up to you to decide which one to take into consideration.
Uncertain - that's it as we really don't have any idea what gonna happen many years from now. But because of our trust and optimism, the majority had think already that the future was bright. Well, that is what we believe and I'd never see it wrong.

A lot of things may happen someday, the price and market adaptions that will impact the future of cryptocurrency. So while we still have the opportunity, we don't just ignore this but rather take it. We'd rather not think if crypto is sinking or dying, at least we did something today that can help improve our living.
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October 21, 2023, 04:21:36 AM
 #64

 The future of crypto looks incredibly bright and promising. When we look back at the history of bitcoin and crypto, we can see how much the space has evolved, gaining popularity and acceptance worldwide. This indicates that in the future, we can expect even more innovations and trends in crypto, attracting more entities and driving prices upward. As crypto finds new uses, we'll see a greater inflow of liquidity into the market. Exciting times ahead! 🚀

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October 21, 2023, 05:14:21 PM
 #65

In general, the future is uncertain and people tend to reflect their own desires and hopes on it. A pessimistic person who hates decentralization, crypto and Bitcoin will give you a negative perspective about the future, while a crypto enthusiast will predict a promising future for cryptocurrency full of opportunities for investors and adopters.

There will be predictions of every kinds and it's up to you to decide which one to take into consideration.
Uncertain - that's it as we really don't have any idea what gonna happen many years from now. But because of our trust and optimism, the majority had think already that the future was bright. Well, that is what we believe and I'd never see it wrong.

A lot of things may happen someday, the price and market adaptions that will impact the future of cryptocurrency. So while we still have the opportunity, we don't just ignore this but rather take it. We'd rather not think if crypto is sinking or dying, at least we did something today that can help improve our living.
We just cannot tell people not to worry ‘coz that’s their money which is on the line however, that should be an enough cue to avoid engaging in this technology if there are not expecting losses and sudden dumps with its market value. Pfcourse if we would be optimistic then there’s a tendency for this technology to be considered by more people since the present shows how big companies are making their way to get involved of this industry’s future. Investing today won’t and should not be that much of a big deal especially if you’re too scared of the negative circumstances we have no control of. There’s always a tendency that counteies would prohibit its usage which I hope won’t be happening in the future.

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October 21, 2023, 05:42:49 PM
 #66

No government can do anything with the bitcoin (in terms of control), therefore, I am absolutely sure that it will never be officially approved.

Just like bitcoin will never be a full-fledged replacement for fiat. It is a direct conflict of interest. Banks and governments are not interested in it at all.

CBDC will become the only form of money in the end. Cash will gradually fade into oblivion and that’s when the biggest “fun” will begin.

It is unlikely that you and I will catch such a transformation. I am sure that cash will continue to circulate in the world for a very long time, despite the fact that digital technologies are developing rapidly.

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October 21, 2023, 07:11:11 PM
 #67

The future of cryptocurrency is very bright and interesting, which one have to know about cryptocurrency by holding many alt-coins including Bitcoin for a future profitable business, because soon or later government may approved cryptocurrency as a means of payment and the early investors will be more free from financial freedom. I mean wealthy.

The future is bright for few cryptocurrencies that have plan of at least 10-15 years, rest are all risky to invest or we can say they are good for short term investment. Invest in them and get profit in few months and sell all your coins and invest that amount in another coin.

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