Cryptocurrency has always commanded a large audience and has also shown us ways in which we can use the underlying blockchain functionality, which will improve the current systems. Cryptocurrency booming and revolution has been referenced a lot of times, but the question is what can be expected from cryptocurrency in the next few years. Since it has changed a lot over the last couple of years, we should see if it will affect our lives in ways that we don’t know yet.
Some people predict that the next couple of years will see considerable changes in cryptocurrency as institutional money continues to enter the market. This would mean that big investments would take an intense revolutionary step forward. The number of daily cryptocurrency interactions is going up per year, every year, this clearly indicates growth and in a positive way. Moreover, there is also a big possibility that cryptocurrency may get floated on the NASDAQ, which can potentially add further credibility to the blockchain and its uses. Some even cite that in the year 2019, we would see a shift in a leading force behind cryptocurrency. If Bitcoin opens a vault and lets the mainstream to understand the complexities of cryptocurrency, it will see cataclysmic changes in the near future.
Just like for everything, there are critics of cryptocurrency and also its uses in the future, and some of these critics cite that the volatility of Bitcoin especially may actually render the coin boom to be worthless. It is undoubtedly possible that Bitcoin may actually lose its value as other alternatives may gain immense value and end up taking the market share, which would have been reserved for Bitcoin. This possibility actually combines with the idea that cryptocurrency is actually just the start of what blockchain functionality actually offers.