There is a revolution on the horizon, and this one is perhaps going to be the biggest we have ever seen. The last one, the internet revolution, saw the power of information become available to everyone on the planet.

The next one, the cryptocurrency revolution, will build on that to give the power of money in the hands of the people themselves. It is being touted as the future of money, and perhaps, rightly so.

Ever since Bitcoin came into existence in 2009, crypto enthusiasts have been wanting it to go mainstream, just like how the world of internet went mainstream from a handful of techies to the average person.

This year has not been that great for the crypto community, in terms of price, but we are slowly but surely moving forward with more clarity on regulations, more adoption among common people and new ventures by bigger companies. A recent news, is a big move towards that direction.

A Collaborative Effort

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE) announced last week to build a company (called Bakkt) to offer a regulated platform for the buying and selling of cryptocurrencies.

But this wouldn’t be like any other exchange though, as their primary goal is to help bring crypto to the masses by providing relevant institutional and consumer applications for crypto starting first with Bitcoin and then to other cryptocurrencies.

Microsoft, will be helping ICE with the building of the platform and Starbucks will be the first retail partner. So, this collaboration will help change the mindset of the average person regarding crypto that it is not just an investment thing but something that can be spent as money.

Starbucks will play a pivotal role in this as it serves hundreds of millions of customer every year and if people jump on the crypto ship, by paying for their coffee in crypto, we could see tremendous growth in this sector in the years to come.

Crypto To The Masses?

We are all aware that there is a lot of volatility in the crypto world and one of the reasons might be the limited number of people using it. When the whole world will be using them, I think it will bring a great deal of stability.

Another thing is that using crypto gives you a lot of freedom as far as managing your money goes. You are in control and can easily transfer money anywhere in the world without middlemen like banks charging you a fortune to do that.

I think within the next 5 years, crypto will be adopted mainstream and a lot of the uncertainties we face today, will be gone and we could all ride that figurative rocket to the moon.