‼️No Frills Research on Why Digital Currency WILL Become Mainstream ‼️

in #bitcoin6 years ago (edited)

While everyone spends their time focusing on short term issues around crypto this research really points to what matters. It also echos the thoughts of other respected Bitcoin investors like Altucher, Draper and Thiel.

Cryptocurrencies To Become “Mainstream” Payment Method “Within Next Decade”: eToro and Imperial College London Research - CryptoGlobe via BTCnews on iOS
https://www.cryptoglobe.com/latest/2018/07/cryptocurrencies-to-become-mainstream-payment-method-within-next-decade-etoro-and-imperial-college-london-research

Sort:  

Yes, but what crypto is good in invest in? I favour Ripple. What do you like?

I think the point is there will be some existing coins that grow in value and some that haven’t yet been invented. Ripple looks like a functional technology that large institutions are adopting in an attempt to stay relevant. Considering that the old banking system will likely be around for quite awhile Ripple is probably a good play on that assumption. BTC is more a play on the other side of the equation in that although banking is going to stick around a growing portion of the financial market will be allocated to non-banking based systems. Draper and Altucher take the view that this portion of the market could become larger than the banking portion and they are betting BTC will represent the largest portion of that new market segment.

Okay, thanks for that; maybe I'll just put it all back into Litecoin again...

Ripple and the other alt coins tend to move up in percentages faster than BTC but that’s a different conversation than thinking about 10years out.

This post has received a 1.56 % upvote from @drotto thanks to: @socialbutterfly.

You have gotten a vote courtesy of @socialbutterfly!
They have enlisted the help of the @alliedforces!
We gladly answer your call!
(@alliedforces is a collaboration of witnesses @jatinhota & @enginewitty)
Have you supported your favorite witnesses?

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 60700.74
ETH 2389.90
USDT 1.00
SBD 2.64