THE FUTURE OF CRYPTO

in Tron Fan Club2 years ago

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In the year 2030, crypto will reach a massive high that no one could think of. Now, is the right time to create a fortune in these few short years. The problem with this idea of building wealth with crypto is that people tend to tell you the exaggerated good or bad part of crypto. They already do this because of their motive and sometime they may want you to buy a coin. They will persuade people to buy a coin because they have invested a lot of money in it and also they will convince people not to buy a coin for their motives.

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CRYPTO ADOPTION

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People will like to know how to determine if crypto would be worth more in the future. A coin like Dogecoin experiences a huge price growth but it does not how have any interest use case other than means of payment. To know which crypto will be worth more in the nearest future, you have to look at the value the crypto offers. Some people that Ethereum could surpass Bitcoin in value by the year 2030 because it has the highest use case of any other crypto. All this is just speculation because there difference between value and production of value. If we are to use go as an example, Gold certainly has value but doesn't bring money while something like real estate has value and can also produce money. When you buy real estate, it can end up worth more than you bought because it can produce more cash and also be worth more in the future.

It is good that Bitcoin has value and utility while Ethereum on the other hand is like real estate that can produce more income and also has value. Because of the amazing utility that Ethereum has, we may see the Ethereum market surpass Bitcoin in the nearest future. There is no doubt that crypto is a fast-moving market due to the fact that more people are joining the market every day and also more advanced technology is being built every year. We will not be surprised if seeing a technology created that can snatch crypto from people's wallets, this will affect the crypto World.

No one can predict the future of cryptocurrencies because of the way things are going in the world today. We should hope that more people buy crypto in the year 2030, and also trade easily. Although, buying and selling crypto is much easy than before we have more exchange platforms and DeFi. Developers of DeFi built the app with advanced users, not just average people out here who just want to start earning interest from the money they stake and other means. More people will start using crypto than they are using it today by the year 2030 if only there are more ways to assess crypto. Also, if the big companies in the crypto space started focusing on customers, there will massive growth in the crypto space if the government does not come up with their ridiculous regulations.

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USABILITY

You might be wondering if is crypto better than fiat money because that is the major when it was created. They want it to be a currency used by everyone in the world and also decentralized. The idea is good but there are a lot of agreements about cryptocurrency being a scam. Even though there are a lot of speculations in the world today, El Salvador become the first Nation to accept Bitcoin as legal tender. Some local vendors are accepting Bitcoin as a means of payment and they are expecting it to increase in value. A country like the Central African Republic also made Bitcoin a legal tend and we can see that more and more countries are accepting Bitcoin. Crypto helps people to make cross-border transfers very easy and affordable. Doing a cross-border transfer is very expensive, this makes people rely on crypto for cheap transaction fees. Many people don't have an account with a financial institution, the blockchain can help this kind of people. Crypto is not only good for payment, some companies also use crypto for decentralized insurance, loan, and profit-making opportunities. We can no dey that Blockchain has helped many people but it still has some flaws such as money laundering, hacking, and so on. If you have invested your money into Bitcoin in an early stage, you would have made a lot of money but if you invest in it now, you won't make a lot money as you would have during its early stage.

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BITCOIN FUTUREFIAT FUTURE
For sure, most people will like to know what Bitcoin will be worth in the year 2030. Although no one knows certainly what the price will be I think we should expect something big. You should know that crypto is very unpredictable and we can get just look at the fair value of supply and demand and cost of production to predict the crypto market. If we search all the Internet, we will see tons of predictions about Bitcoin price in the year 2030. While some people believe that the price of Bitcoin will go up, some people like the deputy governor of the bank of England being the price of Bitcoin will drop to zero.Lets talk about the potential things will be expecting in the nearer future. The big question is, will still going to be using fiat currency by the year 2030? Although this might sounds funny there is a possibility. As their world is developing more amazing ways of payment, people don't carry physical money around any longer. Before that people are always using ATMs to get some cash, now people use mobile transfers. We can not deny the fact that people are no longer ATMs as before but it will be ridiculous to say cash will die. Some people will available want to use it as an untrackable means of payment. In other other, for cryptocurrency to feel the void of untrackable value exchange, more people have to adopt stablecoin and we never can tell if Bitcoin is the asset backing the stablecoin. If it does, that will sky rock the price of Bitcoin. In the nearest future, we will be seeing many different coins and people will only buy tokens they like, and coins they people don't use will surely vanish from the market.

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WOULD NEW REGULATIONS MAKE IT BETTER?

The way new regulations are being implemented into the crypto world, the question we should ask is are new regulations going to kill crypto by the year 2030, or would the regulations make it better? Governments of many different countries' eyes are on crypto and they want to make sure there is safety. If there is regulation, there would be fewer crypto scams and rug pools. By the year 2030, many governments will be using CBDC and it is a stable coin backed by a country. Some people do not it the idea of the government using digital currency because is another way for government controls them. We shod expect the best to come in the nearest future.

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Am always optimistic. I see a brighter future for crypto and we all shall be part of it. I still believe we came in early.

Your article was skipped based on the fact that you have been supported with the SC05 3x in the last 7 days, that's the maximum number of vote counts we give in a week. Continue sharing great content.

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