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Will Bitcoin and other cryptocurrency be around in the next 10 years?
updated 4 months, 2 weeks ago
6 Members
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6
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Bitcoin and Cryptocurrency in general has been popular for years now. But, how popular do you expect it to be in the next 10 years? Will we see rises in Bitcoin and other currency? Or will we see some currencies go away? Maybe even Bitcoin?
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Bitcoin was a revolution in the finance industry when first introduced. There have been lots of ups and downs since then. But it does have an optimistic future and the coming decade is very crucial. It was supposed to be a decentralised alternative to government controlled currency. This was achieved with the help of blockchain, a peer-to-peer network of systems with electronic ledgers to verify and authenticate a transaction. However, that original vision seems compromised. Bitcoin investors who have massive holdings of the cryptocurrency are controlling its price in the markets. That said, the next decade could prove its importance in Bitcoin’s evolution and it does look promising.
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With already rising trend of cryptocurrencies, I think it’ll rise further.
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Seems like they might be around since credit card companies are starting to notice them.
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Cryptos are here to stay. Few coins may vanish, but the idea of digital currency without being dependent on the banks would stay.
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Few Cryto currencies would stand the test of time. Mostly likely in the future Bitcoin, XRP, Ripple would become the standard way for financial transactions.