Is anyone else worried about the future of cryptocurrencies? : CryptoCurrency
When I first discovered about blockchain expertise and cryptocurrency, I used to be a giant believer in it virtually immediately. I actually cherished the concept of “being my own bank” and having my cash actually be underneath my management.
However, since I’ve entered the crypto world, my ideas on the future of crypto have modified. I am nonetheless considerably bullish on tasks which might be targeted on bettering enterprise effectivity and transparency (assume provide chain cash like vechain or no matter bag you may at present be holding). With all the issues taking place in our world proper now, its develop into extra clear to me that each one the actual energy is concentrated at the very high of our society. This virus has so much of individuals principally begging the authorities to take extra management and hold individuals locked inside. Personally, I believe that the world will likely be considerably totally different after this virus has run its course in comparison with earlier than.
Things like the US congress floating out the concept of having digital dollars and Bill Gates’ ID 2020 undertaking actually frighten me and lead me to assume that the elite know what a menace blockchain and crypto is to their energy maintain and are searching for methods to leverage it to additional their very own pursuits. There is little doubt in my thoughts that if the powers that be needed to grab management of the bitcoin community, they might have the means to take action after which some.
With all of this being stated, I am curious what the crypto group thinks about all of this. What do you assume is in retailer for cryptocurrencies in a publish CoVID 19 world?