The Future of Crypto Currencies In The World

in #steemix5 years ago (edited)

Crypto currencies have now become essential for the financial sector and have brought a new dimension to globalization. Bitcoin, which reached to 17,000 USD at the end of 2017 and at the beginning of 2018, caused the people in the street to be interested in crypto currencies. But after that date, negative comments by some of the world's leading states for crypto coins; Control and control request, regulation studies, hacking events, sudden big ups and downs in values have created an increasing confidence problem in crypto coins.


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The absence of a central bank behind the crypto coins and the lack of bureaucracy in its transfer concern the states about terrorism and the financing of the crime. Therefore, I think that the regulations will have a significant impact on the future of crypto money. Of course, the lion's share in the US and the EU, Asian countries in the regulation of the price of crypto coins we saw how they are affected. I do not think that crypto coins will disappear completely in the future, and when we take into account blockchain technology, the existence of crypto coins in financial markets can no longer be ignored. In our globalizing and ever-evolving world, economic models are also affected.

In the long term, we will see new economic models built on crypto coins, so they need to be gradually integrated into the financial markets. I think that the US will be the first currency in the world as the dollar in the future when the oil reserves in the future are decreasing and the dollar is losing value, and that it will dictate its own crypto currency all over the world. The process during which crypto shines go through today is the infancy.

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