Table Of Contents
01). Where do you see crypto space going from here on
02). What affects crypto space the most and what can be done about
03). Innovations and new blockchains
04). How blockchain tech improves society , processes , and the global economy
05). How crypto can disrupt the markets
Where do you see crypto space going from here on
The crypto space have for long now been earned space in most people heart across the very verse universe.
Most people developed such enthusiasm in surfing about crypto currency and their various exchanges represent. Due to such doings of theirs , that exclusively earned them such name's as crypto enthusiast .
Fact remains that , both crypto creator's , developers , enthusiast , investor's and all trader's are possibly hope for more bull market moments in crypto currency market world.
Moreso , where I see crypto space going from here on . For me to be able to project kind of future for crypto space from current position.
Then there would be need for the following :
- Tracing the origination of Bitcoin
- Then , future projection for crypto space
Tracing the origination for Bitcoin
The main origin of Bitcoin and crypto currency , do get to existence due to the state of mind to bring about . Nature of š° money that would have more worth than known fiat currency.
Indeed base on such heart from name represent as Satoshi Nakamoto said to have created digital currency , known as the crypto currency. This very nature of currency is being built to be decentralize. In a sense that , happens to no centralise authority to control given currency . Which is mainly built on the blockchain technology network.
Reality so far upon the very first crypto currency in this world success. There has been lots of newly established crypto currency blockchain technology , to get serve as possible alternative for all the crypto applicable dealers. All of those newly established crypto are doing exactly what Bitcoin as the first crypto on blockchain network is capable of doing.
Future projections for crypto space
The crypto space more as crypto currency world are currently not doing or performing poorly , there are lots of beliefs and hope projecting the crypto currency future in the world of crypto market.
Projecting the future for crypto from here , is quite huge . Because there are lots of speculation and plenty of eyes right on thousand of crypto and anticipating their kind of bull market to come rocking the integral crypto space. Such that per head , per sight and per the nature of their specifiable crypto in question should . Equally get involving within any or such given bullish market.
Generally within the nearest future possibly , crypto should be able to attain level in which . Crypto is going to be using more as the current fiat currency , because currently there are lots of financial technology(fintech) eagerly into crypto currency blockchain network business.
The way given fintech are working now , projecting within future . That can indeed entails that , all traditional banking activities are going to single handling within the blockchain technology network space . Because by standard in terms transactions handling fintech related companies are actually capable to hand both payments , transfer , bills settlement and core on chain trading. That being in relations to buying and selling choice crypto currencies. Either within fintech related blockchain or that on an exchanges frontend.
What affects crypto space the most and what can be done about
The most threat to crypto space so far all over the world , though national factor also get to play vital role on it. Can be seen as follows :
- Pump and dump
- Regulatory speculation
Pump and dump projects
Nothing hurt the heart more than seen and received an airdrop , upon all of that . There you did get find it worth to invest in them but just to learned that , your invested crypto has been appreciated .
As the given crypto currency attained their meaningful bullish market in the crypto currency market world . Some kind people would kind of get their money withdrawn , while some would do even pull it n more monetary resources into it . Deposited more money to buy more additional quantity worth of such given crypto.
That do get happening because they get developed or procured faked pump machine on blockchain technology, and do use them to effect false bull market. So when they do get all that worth their initial investment.
Then they get pulled down the blockchain network system , and those bullish initially seen and witness crypto coin now get turned scam .
So such situations never get encouraging the crypto currency investor's , enthusiast and crypto trader's among others.
What can be done to lift the situation
That can be more about intending to involve in sophisticated nature of doings on blockchain. Since the integral blockchain network is meant to be decentralize in the nature. Such that no any control rather than being from an existing connected nodes.
But , within blockchain space kind of technology to get responsible towards handling such tedious task on security related . Should be made very possible. To assist as towards fetching out scam coin within crypto space .
Regulatory speculation
The another most affecting factor on crypto space is the state of regulations.
There are lots of speculations surrounding , possible way forwards as towards state of regulating crypto currency .
Most government largely on the look out as about possible ways for getting crypto currency regulated.
Most Country government under their directly applicable organ , might possibly place ban on the crypto space within . Their own territory , as long as what they look out are not get met.
That , is an exactly what did happened here in this Country. Here we do encountered situation whereby a central bank did place a banned on crypto currency on the behalf of entire government. That no given financial institution should carryout transactions as relating to crypto currency. That , ban was with an immediate effect from then till now the ban has not get lift.
What can be done about the situation
Here for the crypto creator's , developers and possibly shareholders among others . Should get meet up to devise possible means as concerning possibility towards making crypto currency available and possible for government regulations.
Innovations and new blockchains
Since the creation of first crypto currency ever in coin market , as well as all other alternative crypto. More like polygon has been bringing about so many diverse solutions to the world of crypto currency blockchain technology. Among others is the creation of zero knowledge proofs technology.
Polygon matic did created zero knowledge proofs technology to ensure more secure and scalability on own blockchain network.
Getting combined Polygon zero knowledge proofs and that of Ethereum Virtual Machine by the polygon blockchain technology , as the then new project and innovative software application base or built on the blockchain network. That have added more worth to polygon blockchain ever than before the introduction of zkEVM.
And the crypto space would be strengthening if such innovations and new blockchains on the following area do get facilitate :
ā zk zero knowledge proofs technology
ā Ethereum Virtual Machine
ā Web3
ā Fintech
The introduction to likes of the above given innovations and blockchain , would make the blockchain related transactions and database more secure and scaling in the nature.
And it would get usher on kind of newly established face , within given blockchain relational application. And would further speed up given technological blockchain transactions. To become more secure , making possible on chain trading and data transferring within designated blockchain network.
How blockchain tech improves society , processes and the global economy
There has been huge success since the creation of Bitcoin. As the Bitcoin market success in relation to the bullish state of crypto currency market.
And many firm and individual have earned fortune courtesy to Bitcoin crypto currency.
Major aspects in white blockchain tech improves the security , processes and the global economy . Are as follows
Human capacity building and empowerment
Promoting small , medium and large scale business
Revenue generation for government
Improves standard of living
Activating high self esteem and personal purchasing power
Human capacity building and empowerment
So they might have been decided to used their own money , either for school purpose or to get acquired certain skills. So by getting doing so , seen that way . They are capable to build their desirable personal capacity and same time get to empower themselves . And possibly their love ones and family.
Promoting small , medium and large scale business
The bullish market in the crypto space have enhances many people who have been long desirable to run their own type of choice scale business. In life but lacking start up capital to enable them to set up , and manage their own business.
Fortunately enough during high surging crypto currency within market space , has been providing many of such categories of human . Who as well did happened that they get invested early on crypto currency.
Revenue generation for the government
Government have been able to devise means to impose corporate taxes on those large exchanges , like Binance and others fintech companies . Operating within given government territory , thereby generating revenue from them. With no exercise of regulations.
Improves standard of living
Blockchain technology have now get succeeded as towards providing human beings with , series of job opportunities there by getting added to their kind of standard of living.
As now most people are into crypto currency trading and making money from it .
Many crypto enthusiast buys and holding large portion of crypto currency in varieties of coin . And fortunate enough when any of their holding crypto get bull market , they are subsequently attain life change level. That leading to the increase to the standard of their living.
Activating high self esteem and personal purchasing power
Blockchains technology network as being kind of house for crypto currency , have contributed so much to human and his or her society , adding worth onto life lead processes and bringing about an improvement in the global economy.
As all eyes are daily targeting a significant bullish market. Known whenever there is more š° money into circulation , more like money supply . Human being purchasing power's often improve depending the nature of work doing . But in this very case crypto bull market as might be applicable is sure to who gets.
How crypto can disrupt the markets
The crypto currency is capable for disrupting the market , possibly if the following do take place :
When there happens to be massive adoption for crypto currency
Making use of Fintech blockchain technology to activate more close peer to peer transactions
Here briefly I just get split it for better insight on to how crypto can possibly disrupt the coin market, and break forth towards fiat direction to dominate .
Whenever there happens to be such as get seen above as I get to outline them two. Due to my observation towards the future of crypto currency along side fiat currency. It would be very possible , as in most cases some kind places have been use them already. I meant more closely peer to peer shopping trading transactions. Along side such given sign , that signifies crypto accept here.