It seems by the end of 2016, Bitcoin exploded and everyone heard about it. Ever since, crypto has been going around as a conversation starter. Will it become big enough to be the next type of money? I wonder.
Will crypto currency be the next type of money?
7 years ago in #bitcoin by quenchster100 (28)
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Most people might of heard about Bitcoin but I think the vast majority haven't thought about using it yet. When transaction speeds are fast and cost very little, I think it will be easier to market. Hopefully, that will happen in 2018 and we will start to see mass adoption. It might help that most of the fiat currencies are struggling and devaluing all the time. At some point, it might seem riskier to hold fiat money and that might push more people into cryptocurrency. Governments might not like it but perhaps they will see it as a way out of the huge debt crisis that seems inevitable right now?
That is a good point! Thanks for the good answer. Very much appreciated.
What exactly do you mean by how to look at the Bitcoin market?