What will be the future of Bitcoin? Among the experts in the field are two very divergent and poles apart theories. Let's find out all the details!

Future Bitcoin: theories and forecasts of the experts

Sul future of Bitcoins sprout two theories: the first would compare them to Dutch tulip bulbs and the second to the Internet.

In the seventeenth century i Dutch tulip bulbs they were the protagonists of a wild and speculative race, which quickly disappeared, leaving behind only beautiful flowers and many drained current accounts.

Bitcoin critics review the same parabolic trend in digital tokens, which would already have reached its climax in 2017 and, soon, should end their interest.

They argue that most of the transactions are done in the hope that one day they will be worth more.

The other theory, which involves those who firmly believe in a progressive settlement of cryptocurrencies in world finance, compares them to Internet, or a world that took time to express its potential, but then it respected (and perhaps exceeded) the expectations of the early years.

For this, the price drop of the 2018, is seen as a route accident before the final explosion. For this group of scholars, Bitcoins are like gold, a limited commodity that varies its value over time but turns out to be an alternative to national currencies.

Most likely the truth is, as often happens, in the middle, that is, we are not facing a colossal flop, but not even an economic miracle.

However, what we could do to orient ourselves better is to analyze today who is using this type of digital currency.

Use of cryptocurrencies

The possibility of open anonymously a Bitcoin portfolio continues to constantly attract the attention of numerous cyber criminals who demand cryptocurrency payments for redemptions or for sale of drugs or illegal drugs.

For Chainalysis (a company that monitors cryptocurrency transactions), apart from speculative traffic, none of the legal uses of cryptocurrencies has fully established itself on world markets to date.

Hundreds of applications have been created using them Bitcoin or other cryptocurrencies (Ethereum o EOS), but most of them are focused on gambling.

The future is to be discovered while waiting for an innovation to bring the interest and trust of ordinary people to this currency.

Jacqueline Facconti

Jacqueline Facconti - Editor, Finance, Tax, Economics Section Graduated in Business Economics with 110 and Lode at the University of Pisa, also editor of WebEconomia, Finaria.it, Assicurazioniivita.net, Regime-Forfettario.it, etc.

Share
Published by
Jacqueline Facconti

Recent Posts

The future of cryptocurrencies: new challenges and new opportunities

Cryptocurrencies have revolutionized the world of economics and investment, offering a decentralized alternative to traditional…

1 years ago

Can Cardano Beat Ethereum With This Massive New Move? 

Milkomedia-C1 announced the integration of the DJed stablecoin network on its platform. Milkomeda C1, a…

1 years ago

2 cheap cryptocurrencies to buy now

Cryptocurrencies have gained immense popularity over the last decade, attracting investors from all over the world. However,…

1 years ago

The Bahamas intend to strengthen the regulation of cryptocurrencies after the sinking of FTX

The former cryptocurrency exchange FTX was based in the Bahamas. The island nation has not been…

1 years ago

Shiba Inu scores huge due to superior technology

As Shiba Inu adoption skyrockets, the memecoin and the entire Shiba ecosystem…

1 years ago

Millions of users can buy, withdraw and exchange Bitcoins on Telegram messenger

The adoption of digital currencies such as Bitcoin has continued to grow unabated. Many…

1 years ago