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Is cryptocurrency worth investing? Does it have any future?

Discussion in 'Cryptocurrencies Discussions' started by Mike_jones, Dec 21, 2018.

  1. Mike_jones

    Mike_jones ECZ Newbie

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    Cryptocurrency has already made a statement in the financial sector.This currency has managed to get people's attention and their admiration. Digital cryptocurrency overall has had its fair share of failures. But despite them, many people still believe cryptocurrency has a bright future. In an interview, Kevin Murcko, CEO of CoinMetro, for instance, firmly stated his belief that cryptocurrencies are still developing and that there is more we'll see in the cryptocurrency space.

    Cryptocurrency has had its ups and downs. However, the following trends of the cryptocurrency market give us a somewhat intelligent guess as to what we can expect in the future:
    1. Cryptocurrencies will receive more patronage from institutional investors,
    2. Cryptocurrencies are being regulated,
    3. Cryptocurrencies won't stop being volatile.
    The Future

    The number of merchants who accept cryptocurrencies has steadily increased, they are still very much in the minority. For cryptocurrencies to become more widely used, they have to first gain widespread acceptance among consumers. A cryptocurrency that aspires to become part of the mainstream financial system may have to satisfy widely divergent criteria. It would need to be mathematically complex (to avoid fraud and hacker attacks) but easy for consumers to understand; decentralized but with adequate consumer safeguards and protection.