Opinion: What is the true future of Cryptocurrencies?

All news, trends and discussions relating to cryptocurrencies, bitcoin, altcoins and blockchain technology and its numerous applications
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Erudite
Senior
Location: Naija
 

March 31st, 2021, 6:09 pm

This may be a tough question to crack but we must give it a thought.
crypto-currencies.jpg
There are issues and arguments of intrinsic value as compared with fiat currency and also gold and silver. This is a big topic.
Intrinsic value is the value of an item ignoring how people view them.

Cryptocurrencies derive their only values from how people view them and most importantly their uses and applications.

The world is changing.. Tastes change. Technologies change. As far as change is a constant, a time is coming when the world will find something better than cryptocurrencies, or at least better than Bitcoin to start with.

However, while cryptos have no intrinsic value per say, an item will remain valuable for as long as people regard it as valuable.

The moment people regard it as no longer valuable, then it falls flat.

Maybe a day is coming when people will consider Bitcoin as not valuable.

Then that will be the end.

Maybe crypto-currencies will end, but I am 99.99% sure that the technology that drives them, the blockchain, is here to stay!

But for now, maybe we should just join the train because many people and corporations are joining the train.

You could be left behind.

Please share...

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progress
Junior
 

March 31st, 2021, 10:40 pm

okay oo.
Are You Thinking To Be My Bestie:thnk:
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eMade
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Location: Abuja
 

April 1st, 2021, 2:08 am

Debunie wrote:Wahala
Why Wahala? :thnk:
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Debunie
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April 1st, 2021, 3:36 am

eMade wrote:
Debunie wrote:Wahala
Why Wahala? :thnk:
i don't like crypto am try to get used to it
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Eminzynuel2005
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Location: Akure, Ondo-road, 32 ARTILLARY BRIDGADE, SNCOQ Block 15 B.
 

April 1st, 2021, 12:49 pm

To give wealth to all
Nothing Comes easily
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Sj18
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Location: Zambia
 

April 8th, 2021, 5:36 pm

Cryptosystem is here to stay..
The more its been used the more reason it'll stay..
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Merlino
Senior
Location: Port Harcourt
 

April 8th, 2021, 7:30 pm

Sj18 wrote:Cryptosystem is here to stay..
The more its been used the more reason it'll stay..
I agree.
My life is a puzzle...
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Dube
VIP VIP
Location: Yola
 

April 9th, 2021, 12:39 am

Sj18 wrote:Cryptosystem is here to stay..
The more its been used the more reason it'll stay..
Certainly
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NiceGuy
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Location: Lagos
 

April 9th, 2021, 4:07 am

Dube wrote:Even crypto now are too many
And more keep coming out daily.
I'm really not that nice... :mrgreen:
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