Crypto: temporary trend or future revolution?

[electronicash]

have you prepared yourself to welcome these two scenarios?

because the government is trying  to regulate the market you can be assured crypto will exist even after a 100 year and miners will still be mining fraction of BTC per block.

there have been companies trying to use stablecoin for payment. you can already figure this stablecoins are like those paypal or venmo where you can pay any one with for products and services. at least for stablecoin but for altcoins, some of them may just disappear due to regulations or due to them being scam.

[Bobcrypto]

Bitcoin was never meant to replace cash and the American architecture would not allow any cryptocurrency to handle the transactions of 8 billion people, so on-chain Bitcoin will not be for everyday use by everyone.


Bitcoin has managed to survive for over 10 years without stopping and attracting the attention of many, so it is a revolutionary concept.


The only thing that could stop it is a regulatory consensus to ban cryptocurrencies or an unfixable technical flaw.

It is obvious that many people had been insinuating the possibility of Bitcoin replacing Fiats, unfortunately, this idea wasn't on the Bitcoin white paper, and i think that it was not part of the goals of the founder(s). Bitcoin replacing fait insinuation has caused a lot of debate, even banks were keen on seeing how they can bring down Bitcoin.
On all the challenges that had happened in the past 15 years Bitcoin/altcoins is still moving against the thought of governments and haters, it had become clearer that Bitcoin has come to stay.

[robelneo]

I started to think, will this crypto actually just be a trend that will fade, or is it still possible to become a revolutionary currency that shifts the existence of FIAT?

seeing the unbalanced growth of crypto between those caused by innovation and others caused by speculation...

After more than 10 years of existence, I have never doubted that cryptocurrency is integrated on many marketplaces and in many industries; it cannot be considered or even thought of as a fad; we have past that, and yes, there will be doubters, but their numbers are dwindling, and in the future there will be no more doubters because it will be in our consciousness and part of our lives.

[Rruchi man]

I started to think, will this crypto actually just be a trend that will fade, or is it still possible to become a revolutionary currency that shifts the existence of FIAT?

There have been several challenges against the cryptocurrency markets that should have taken away its popularity and ended it if it was a trend, but unfortunately for those who have expected this to have stopped by now, crypto continues thriving. so far, cryptocurrency is looking revolutionary.

[libert19]

Crypto has become big enough that it can no longer be called a bubble. Plus, couple things like smart contracts and everything being transparent — I actually consider them to be a revolutionary.

[Cryptsafe]

This is a financial revolution and it is gradually fading away the era of fiat. Although fiat is still common but the truth remains and this is what is currently happening as Crypto has taken over financial industry. Investment strategies have changed for good and people are taking advantage of the digital economy to boost their portfolio and do far there have been lots of positive impart on the existence of Crypto and it could visibly be seen in the world. 

Looking at the current situation or status of Crypto based on the recent developments and happenings, there is every possibility of a full blown global adoption coming soonest and it is coming with a full force were government's would have no option than to fully adopt and Integrate it into their economies while using it as a store of value.

[dekafee79]

This is a financial revolution and it is gradually fading away the era of fiat. Although fiat is still common but the truth remains and this is what is currently happening as Crypto has taken over financial industry. Investment strategies have changed for good and people are taking advantage of the digital economy to boost their portfolio and do far there have been lots of positive impart on the existence of Crypto and it could visibly be seen in the world. 

Looking at the current situation or status of Crypto based on the recent developments and happenings, there is every possibility of a full blown global adoption coming soonest and it is coming with a full force were government's would have no option than to fully adopt and Integrate it into their economies while using it as a store of value.

I also think so, at the beginning of the launch of bitcoin the government rejected bitcoin and many negative issues attacked bitcoin. But now the government must adopt bitcoin and allow its citizens to invest in bitcoin because bitcoin is getting more popular and the government cannot refuse it.
by allowing and making rules, the government can get taxes from bitcoin and crypto when its citizens transact on local exchanges.

[Asiska02]

since bitcoin first appeared, the financial world has not been the same... governments have started to interfere in cryptocurrency affairs... some even say this is just a momentary trend like a bubble...

I started to think, will this crypto actually just be a trend that will fade, or is it still possible to become a revolutionary currency that shifts the existence of FIAT?

seeing the unbalanced growth of crypto between those caused by innovation and others caused by speculation...

have you prepared yourself to welcome these two scenarios?

I have never thought of cryptocurrency coming to an extinct in the future. There is nothing that is not possible in this technological world, but I can’t get to fathom anything that will come and supersede the existence of cryptocurrencies and will have an edge over it and can replace the fiat currency and also cryptocurrencies in the future. I haven’t positioned myself for what I cannot see or feel that it is coming. So I am mostly just preparing for what I see happening now and how the crypto world is transgressing. It is better to situate oneself in a likely profitable position at all times as even the government are delving more into the crypto world. So it doesn’t look like something that will collapse or stop to exit anytime soon.

[sampoerna]

There will always be parties, both countries and certain parties who will remain against and try to bring down or regulate Bitcoin and crypto as a whole. There are even those who still intend to bring down Bitcoin. However, Bitcoin is still Bitcoin with all its unique characteristics. 2025 will be a bull trend, and after that, the bearish cycle will make the price of Bitcoin drop, and that has become a normal cycle, although many may add negative news, but we are used to the bearish cycle where the price of Bitcoin and crypto as a whole will really drop. but we believe that BTC will rise again and skyrocket when the bull comes again.

Then regarding crypto that shifts fiat, this will be difficult, becoming an alternative currency, it might be more acceptable, but if it is to shift or replace fiat, this will not be easy.

[|MINER|]

Many have said that crypto is just a momentary trend like a bubble and there are many people who have guaranteed that Bitcoin will never touch 100k. I am sure that they are currently feeling regret and at the same time people all over the world are criticizing them. I firmly believe that Crypto is the future revolution just like before the conventional currency was gold and silver and then it changed to the current fiat currencies and then it became digital currency and within digital currency came a more upgraded version of decentralized eco system cryptocurrency. I am sure that in the next 50 years this cryptocurrency is going to bring many big changes in the world economy.

[Bobcrypto]

since bitcoin first appeared, the financial world has not been the same... governments have started to interfere in cryptocurrency affairs... some even say this is just a momentary trend like a bubble...

I started to think, will this crypto actually just be a trend that will fade, or is it still possible to become a revolutionary currency that shifts the existence of FIAT?

seeing the unbalanced growth of crypto between those caused by innovation and others caused by speculation...

have you prepared yourself to welcome these two scenarios?

Yes, as at early 2016 many people sees Cryptocurrency as a bubble ready to burst, in facts, there were many people who were critical about Bitcoin, different uncountable hate speeches were made from different people, governments, and organizations.
As we are already seeing, Bitcoin has been able to silent many of these criticism till date, most of theses who were critical, campaigning against Bitcoin are now investors and promoters.
I am confident that crypto is not just a momentory trends but its 100% revolutionary digital assets class that will be in the futures.

[albon]

On a theoretical level the bitcoin has particular benefits for the financially vulnerable. But they can be achieved only in the medium term. Because the market matures more on adaptation and practicality than on speculation and volatility. Some promising examples of adaptation have already been found in different parts of the world. Overall the sentiment may be quite positive there will be bad players and some crypto based platforms who may have many levels of losses. I see deeper and more development using blockchain technology and cryptocurrency and more companies may be listed in the future.

[Stompix]

On a theoretical level the bitcoin has particular benefits for the financially vulnerable. But they can be achieved only in the medium term. Because the market matures more on adaptation and practicality than on speculation and volatility. Some promising examples of adaptation have already been found in different parts of the world.

What adaptation and what progress?
It's all about the money made, if you look at actual usage is down the drain, real life acceptance is at it's lowest since everyone is holding their coins to cash in profits in $, nobody cares anymore about the principles that were the basis in 2009, it's al about pump and dumps and making $.
Once the cash cow is milked dry, what will be left?

[0t3p0t]

Yes of course we have to be openminded on what the world and time awaits us things are happening already wherein countries started to see Bitcoin or cryptocurrency it's potential because we all know inflation is getting high and sanctions are popping here and there I think this is more of a survival thing that we need to adopt and be prepared for the future revolution.

[bayu7adi]

As long as there are some people who want or need privacy, decentralized or noncensorable aspect offered by cryptocurrency, it will not fade.

Seeing that many users are more inclined to be speculators when they have BTC, it seems like it will be a bit of a challenge for real users of crypto currency... I know, maybe people who use Bitcoin for transactions will not be affected by the existence of speculators, but this is related to popularity, the smaller the popularity of BTC, the narrower the room for it to be a currency that is traded... and I'm sure it interferes with freedom a bit... although it doesn't fade, it will be a bit painful when it starts to be abandoned.