Will cryptocurrency go away?
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Will cryptocurrency go away? Explore diverse expert opinions on crypto’s future, its market resilience, and potential challenges that could shape its journey.
Cryptocurrency is here to stay, despite the doubts. While some critics, like Rakesh Mohan, argue it might “die a natural death,” others highlight its growing importance in global finance. Bitcoin, for instance, has shown strong resilience, growing 57% this year alone. Regulatory changes, like the SECβs shift in stance, also suggest that the U.S. is opening up to crypto rather than shutting it down.
Like the internet in the 1990s, blockchain technology is still new to many. A good chunk of the global population isn’t familiar with it yet, and the future will depend on education and infrastructure. While a lot of crypto projects may not survive, blockchainβs impact on the future of technology is undeniable.
For now, Bitcoin stands as the most promising and safe investment in this space. Crypto is evolving, but it’s not going anywhere soon.