I believe we are in a massive bubble at the moment with BTC at least. I hope I am wrong but, even if this bubble pops Cryptocurrency is here to stay I think. It is the next evolution of money.
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I believe we are in a massive bubble at the moment with BTC at least. I hope I am wrong but, even if this bubble pops Cryptocurrency is here to stay I think. It is the next evolution of money.
We are just getting started! Lots of countries are in debt, look at US, Australia and etc. Government, all they do is increase the middle-class tax more and hope for the best to solve the country's budget. Now, they see cryptocurrency a threat and join in the action when they can. I hope this will solve the countries debt and corruption as well.
Japan, Korea, India are making it mainstream now hence most countries will follow too.
I agree with what you are saying and I do hope that it does help people relieve the pressure of the government. But for the small community dealing with crypto now, i think it will reach a limit with what they have to put in. that will be the small bubble busting but then it will become main stream.