Cryptocurrency
had already set its roots within the markets and had gathered huge amount of
users. Cryptocurrency has seen its boom in the markets with many ups and downs.
Experts predict that there has been big change in the cryptocurrency markets
since last few years. Cryptocurrency had made a long jump to the virtual world by
creating Bitcoin 2009. Bitcoin had captured notable investors, not only Bitcoin
but other alternative currencies like White bitcoin Price
had emerged in the market.
Many
of the people do not use Bitcoin in their everyday transactions, but there are
number of things which can be purchased from Bitcoin. Most of the people prefer
to make purchases from home. According to estimates retail and e-commerce will
increase in four years. Bitcoin reach to its new level as people in crypto
community were assured of US Securities and Exchange Commission.
Cryptocurrency
started with very few users but now it has around 21 million usersand more.
Gradually people are making themselves aware with the technology and that is
driving them towards using virtual currencies.
CEO
of NASDAQ Adena Friedman said that cryptocurrency should find a viable future,
she had given conclusion:
·
Cryptocurrency
will flourish with progress in internet.
·
It can face
downfall like Segway.
In
the next 5-10 years cryptocurrency will be used in the similar way current technologies
and internet is used. Money transactions will become fast, within seconds. It
was predicted that everyone will use cryptocurrency, whether they are aware of
it or not. Cryptocurrencies are also used to pay fees and make payment for other
services. Business organization will use crypto currency like Ethereum, White
bitcoinand Stellar for contracts over organization.
It
was forecasted that banks will finally accept cryptocurrency and people will
open crypto account and will be able to buy
bitcoin, White bitcoinand other cryptocurrencies from standard ATMs.
Cryptocurrency debit and credit cards will be made available. Observers stated that
Indian government will regulate Bitcoin in stages and Indian bitcoin industry
will accept these changes.
In
the economy a day will come when blockchain industry will become real.
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