Futurist predicts cryptocurrency will replace national currency by 2030!

in cryptocurrency •  7 years ago  (edited)

Though recently, there's been a wave of "FUD" being spread about the future of cryptocurrency. According to Thomas Frey, a known futurist and author stated “Cryptocurrency is very much here to stay". Frey admittied he’ll be speaking to the Federal Reserve in September on this explosive topic. His prediction is that “cryptocurrencies are going to displace roughly 25% of national currencies by 2030. They’re just much more efficient, the way they run.”

With the recent rise of these cryptocurrencies is representative of “the legitimization of a new asset class emerging alongside the traditional global economy,” according to Dr. James Canton of the Institute for Global Futures. He went on to say, “You can expect an exponential increase of new investment vehicles to come from cryptofinance.”

Full story on time.com/money

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