The Future of Cryptocurrency | Best MBA course in Bangalore

Posted by Dr. Samiya Mubeen On 03/11/2021 10:12:47

The world is clearly divided when it comes to cryptocurrencies. On one side are supporters such as Bill Gates, Al Gore and Richard Branson, who say that cryptocurrencies are better than regular currencies. On the other side are people such as Warren Buffet, Paul Krugman, and Robert Shiller, who are against it. Krugman and Shiller, who are both Nobel Prize winners in the field of economics, call it a Ponzi scheme and a means for criminal activities.

In the future, there’s going to be a conflict between regulation and anonymity. Since several cryptocurrencies have been linked with terrorist attacks, governments would want to regulate how cryptocurrencies work. On the other hand, the main emphasis of cryptocurrencies is to ensure that users remain anonymous. Best MBA course in Bangalore

Futurists believe that by the year 2030, cryptocurrencies will occupy 25 per cent of national currencies, which means a significant chunk of the world would start believing in cryptocurrency as a mode of transaction. It’s going to be increasingly accepted by merchants and customers, and it will continue to have a volatile nature, which means prices will continue to fluctuate, as they have been doing for the past few years.

What does more institutional adoption mean for investors?

While paying for things in cryptocurrencies doesn’t make sense for most people right now, more retailers accepting payments might change that landscape in the future. It’ll likely be much longer before it’ll be a smart financial decision to spend Bitcoin on goods or services, but further institutional adoption could bring about more use-cases for everyday users, and in turn, have an impact on crypto prices. Nothing is guaranteed, but if you buy cryptocurrency as a long-term store of value, the more “real world” uses it has, the more likely demand and value will increase.  

Opportunities through cryptocurrencies in developing countries

  • Based on the analysis of the economic problems in developing countries, cryptocurrencies can accelerate the development process potentially in various fields.
  • Cryptocurrencies could help to increase financial inclusion in developing countries is by serving as a quasi-bank account, since everybody with internet access.
  • Cryptocurrencies, predominantly in combination with smart contracts, can contribute to strengthening social trust and fighting corruption through a more transparent contract system.


We can speculate on what value cryptocurrency may have for investors in the coming months and years (and many wills), but the reality is it’s still a new and speculative investment, without much history on which to base predictions. No matter what a given expert thinks or says, no one really knows. That’s why it’s important to only invest what you’re prepared to lose and stick to more conventional investments for long-term wealth building.

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