Within 10 years cryptocurrencies will become a common mean of payment
A group of researchers from Imperial College London and eToro social investment platform conducted a study in which they found that over the next decade bitcoin and cryptocurrencies will become the most common way to pay for goods and services.
According to researchers, for the widespread adoption of cryptocurrencies it is necessary that they perform the following functions: make savings, exchange and settlement unit.Moreover, they believe that cryptocurrencies are already a means of accumulation.
"...We believe that bitcoin and other cryptocurrencies will become commonplace within a decade. Of course, there are barriers but they can be overcome," said managing Director of eToro Ikbal Gundam.
