In 2020, the cryptocurrency ecosystem will change significantly during 2020.
From 2008 to 2017, the world of cryptocurrency was mainly made up of geeks and avant-gardists. After 2017, a beginning of change begins, cryptocurrencies are gradually opening up to the general public. However, those on the market at that time may be considered first-time entrants.
2020, the year of great change.
Last year was marked by a strong interest from the general public, companies and institutional investors joined the adventure. Strongly composed of amateurs and geeks, the public becomes professionalized. The sudden arrival of states and large investors as well as the successful completion of concrete projects in decentralized applications and decentralized finance pushes the ecosystem towards professionalization.
However, this shift in the ecosystem does not undermine the initial vision of decentralization to address the systemic problems of banks. However, whales remain a problem. It is possible that in the future, some states or companies will become large owners and that therefore their potential impact on the vision and the evolution of prices will be felt. However, possible problems of this kind can be avoided if the small hands retain some of their capital over the long term.
What will cryptocurrencies evolve towards by 2025?
The trend of global adoption by private, corporate, banking and state institutions appears to be on track. However, no one can predict the future. More than the currencies themselves and their adoption, what could have a major impact on the development of this ecosystem are the applications that flow from it. Indeed, they will have a significant impact on the normalization and adoption of digital currencies.
Blockchain systems in the classic industrial and economic sector is also to be followed. Some of the food traceability projects or industrial production projects have already proven their worth. The potential seems infinite. More difficult to quantify job opportunities are also to be expected, particularly in terms of employment.
An area to follow!
