The Future of Currency

in money •  7 years ago  (edited)

The Future of Currency

With the rate of degradation at which Bitcoins are being mined + Block Reward Halving + A limited supply + long-term holders = $100k+ BTC by 2020

Here is my prediction for anyone who cares and it is as follows;

Oh, not to mention there are a bazillion times more millionaires in the world than there are bitcoins available, this to me is enough evidence and supporting fact to warrant acquiring as much Bitcoin as you possibly can. Trickle in what you can, when you can, even if it's just $10.

  • BITCOIN (BTC)

    will overtake gold as a traditional store of value

  • ETHEREUM (ETH)

    won't be classified as a security and will be widely used across the world by;

    • Governments (identity, deeds to land, & voting)

    • Hospitals (storage of medical records past, present, & future)

    • Insurance/Utility companies (medical, auto, home, and anything else that can be insured or rented)

    • Privately owned corporations to run their decentralized applications (autonomous cars, your fridge being able to order your groceries based on what's missing, video games)

      The real-life use cases of Ethereum and DLP's that are akin to it such as XLM (cross-border payments) & EOS (dApps) are literally endless! We only need the programmers, coders, engineers, and most importantly disruptive ideas to make these applications come to fruition.

  1. LITECOIN (LTC)

    will be to BTC as silver is to gold, and will be used for smaller transactions.

  2. TRON (TRX)

    will be big as well for gaming & decentralized social media.

  3. STEEMIT (STEEM) & VERGE (XVG)

    are both promising. STEEM has established a substantial user base and dApps such as d.tube. VERGE has recently partnered with MindGeek, an eCommerce giant, and is working towards securing more partnerships.

P.S: None of this is investment advice nor should it be taken as such. DYOR

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