The future of cryptocurrency.

[Freddie Boyer]

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

[laijsica]

At present we see the use and investment of cryptocurrency increasing gradually. People are preferring crypto investments over fiat investments. Inflation is constantly increasing in the world, commodity prices are going beyond people's purchasing power, this situation is available and people's inclination to use crypto is increasing, which is a relief for the economy. But many countries' governments have been unable to trust crypto due to AML and other complications. But I think increasing the use of cryptocurrency alongside fiat can act as a hedge for the country which is positive for the economy.

[rhodelmabanal]

Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?

We can't deny that the world is now adapting digital payment for fast and easy transaction, ATM cards, different kinds of digital wallets for easy transfer of funds and paying of bills, just download the apps and do kyc and there you go you can transfer your funds from digital wallet to banks and vice versa. We are now in a modern world with modern technology and i believe that cryptocurrency is a part of a modern technology ,so i believe that 20 years from now crypto will become more popular and many people will like to used it to make life more easy.

[bitterguy28]

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

Fiat and Crypto will work together and that will continue even if the demand and the adoption of crypto happens because money/fiat
is one way of showing the finance to be optional and not being forced to be used.
in the next 20 years from now crypto will be available in many merchant but this will be with fiat or paper money.

[manok jepang]

with the increasing development of technology, especially in the internet and crypto currency sector, I am very optimistic that crypto will continue to develop in the future, especially as over time crypto users become increasingly popular because crypto currency can be a very promising investment,

[FanEagle]

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

I would guess that they are going to end up with something much better with time, and that will be CDBC type of digital stuff that the governments themselves create, that should be a lot better. I do agree that it is not going to be easy, but it is going to happen.

Every nation in the world will eventually great their own digital currency, like how USD exists, there will be like E-USD or something that they will use, and they will issue it, and it will be centralized but at least backed by nations. When that happens, biggest danger awaits stablecoins we have now, because why would you use USDT when there is a version that is used by the government itself, and if that crashes, then the market will have a lot of trouble.

[KennyR]

Every year, it is possible to see a good number of cryptocurrencies reaching the market and moving out of the market. Many don't have any purpose, but they're injected into the market to create circulation. In the long run, the leading cryptocurrencies will survive, whereas the rest will just be seen on the list without any use cases other than trading. For now, very few cryptocurrencies have real-time usage access. To have a better future, it needs to move into mainstream culture, which is a really hard task. While moving towards mainstream, the opposition will be high as they need to compete with the traditional fiat, which the governments won't allow.

[Godday]

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

I agree with you. So far I think fiat currency can never be replaced but can be used together with cryptocurrency. Fiat currency has been a reference for hundreds of years. So far, crypto adoption has not been maximized because most people are still not technologically literate. So it's a good move when fiat currency and cryptocurrency are used together.