RE: WHERE DO YOU SEE CRYPTO in few years from now .... join this challenge and earn solid upvote (up to 100k SP)

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WHERE DO YOU SEE CRYPTO in few years from now .... join this challenge and earn solid upvote (up to 100k SP)

in hive-175254 •  4 years ago 

My answers to the questions asked.

QUESTION A

What is the best way to spend your first crypto?

I think the best way to spend your first crypto is with your family and friends. That's what I did and I didn't regret it because I have many friends who now believe in crypto and are into crypto fully such as @lebey1. The general thought out there is Crypto is scam and when you give them gifts bought with crypto money, they will have a rethink. My first and earned was sold and bought some things for my family and friends.

QUESTION B)

Who are the crypto industry leaders in your view and why?

I will go for @dan and CZ of Binance. @dan gave us this opportunity to discuss here on steemit. He saw the flaws in proof of work and started the Delegated Proof of Stake with Bitshares before launching Steemit and moving to Eos. He's underappreciated and undercelebrated but he is a man of vision. Look at Ethereum moving to POS now. @dan has seen this from the onset and should be regarded the father of any mode of POS. Dan Larimer is and should be regarded as one of the top voice in the Crypto world anytime. His leadership skills brought Steem to his heights and would have launched SMTs if not for disagreement with Ned most especially the famed Downvoted for Aggrandisement

QUESTION C)

How is the crypto world going to look like in 5 years and what are the most important initiatives today that will take us there?

The crypto world is dynamic and fast changing and hard to predict what it will look like in 5 years. I will try my best to say what I think will happen in 5 years.

Most countries organisations, and institutions are feeling the coVid19 effect and this has raised questions on alternative sources of income. Crypto can come to the rescue. I see many institution, organisations launching their ICO within this 5 years. The coins will be used for many perks. Then I also think we will have real use cases coins that will propel Crypto to mass adoption. Crypto will be accepted as mode of payment in all stores worldwide from the big to the small. Organisations will also look at certain coins as their reserve instead of fiat which is prone to inflation.

I imagine football clubs having their fan tokens, Amazon accepting DPoS coins at their malls and many more. 5 years is not a small time when you consider where the crypto world was in 2015 to what is it now.

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I truly enjoyed reading your comment @zoneboy

Thank you for taking the time to share your thoughts with me.

ps. hope to see you posting within PH more often,
Yours, Piotr