Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Goodcat49 on June 10, 2019, 10:48:20 AM
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Crypto is on the march, and not just in terms of market price. Not only does data indicate that the number of ID-verified users of cryptocurrency doubled over 2018, but there are various other metrics that suggest that adoption is gaining traction. As many as 84% of companies worldwide are involved with blockchain-based technologies in some way, while cryptocurrency ownership is twice as high among young Americans than among the general United States population. And at a time when there's plenty of talk about the need for crypto to standardize and regulate itself before adoption can really take off, it would now seem that lobbying on cryptocurrency-related issues is also increasing.
This indicator of growth emerged at the end of April, when the U.S. Congress released its latest quarterly data on lobbying on Capitol Hill. Its statistics revealed that the number of companies and organizations lobbying for crypto had increased between Q4 2018 and Q1 2019, with lobbying efforts from the likes of Mastercard, Accenture and EY underlining how the regulatory fate of blockchain and cryptocurrencies isn't of interest only to Coinbase, Coin Center and other representatives of the crypto industry.
https://cointelegraph.com/news/why-lobbying-growth-is-a-sign-that-crypto-is-maturing
(https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81OWExMmRmYTYxZDk2NDExYWEyOThiZTllNGE5ZjY3Yi5qcGc=.jpg)
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I hope they lobby it into existence as a real entity in the 'out there' world of shops and general commerce as cash-in-hand is soon going to be the old world way of thinking and only electronic payments will be the norm. It's already happening in Chine with old people bringing bags of cash into shops and the majority of the population fully connected and paying with their mobiles... 8)
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Yes, crypto awareness is actually growing everyday and adoption is gradually on rise and in next 5 years the story will definitely increase.